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All Forum Posts by: Dejuan Calloway

Dejuan Calloway has started 14 posts and replied 35 times.

Post: Real Estate Attorneys LLC

Dejuan CallowayPosted
  • Rental Property Investor
  • Rapid City
  • Posts 38
  • Votes 1

Hello, I'm looking to getting an LLC for my starter company and looking for references on reputable, attorneys for advice. I'm looking for some information about transferring a property into an LLC and the best way. Could any help with this or point me in the right direction?

Thank you

Post: Starting a new Brrrr during Virus First Brrrr

Dejuan CallowayPosted
  • Rental Property Investor
  • Rapid City
  • Posts 38
  • Votes 1

@Odie Ayaga 

Thanks for the information. I'm new the o the hard money lending and multi unit. I really appreciate the knowledge. What do you think the best way to gain equity and a new property? 

Post: Starting a new Brrrr during Virus First Brrrr

Dejuan CallowayPosted
  • Rental Property Investor
  • Rapid City
  • Posts 38
  • Votes 1
Originally posted by @Brian Van Pelt:

@Dejuan Calloway

No,No,No

Expect home prices to go down soon.
Expect interest rates to go up, especially with HM Lenders 

  Thanks for the information I have never used HM Lenders before 

Post: Starting a new Brrrr during Virus First Brrrr

Dejuan CallowayPosted
  • Rental Property Investor
  • Rapid City
  • Posts 38
  • Votes 1

Is this still a good time to start a BRRRR on a 4plex?

Is using hard money now a good idea?

Can anyone recommend a great lender?

Post: How to analyze a 12 unit apartment building

Dejuan CallowayPosted
  • Rental Property Investor
  • Rapid City
  • Posts 38
  • Votes 1

I currently own 2 single family rentals and was looking to get into multi family. How do you analyze the a 4plex differ from a 12 unit? I would really appreciate the feed back. 

Post: 235 unit asking price 8.5 million

Dejuan CallowayPosted
  • Rental Property Investor
  • Rapid City
  • Posts 38
  • Votes 1

About  $850 per unit. People left because the property management wasn't paying water bill or doing maintenances. Water company and city pretty much closed it down. About 170k population 

Post: 235 unit asking price 8.5 million

Dejuan CallowayPosted
  • Rental Property Investor
  • Rapid City
  • Posts 38
  • Votes 1

What do you all think about this deal? 235 units asking price $8.5 million 0% occupancy. Built in 1971 estimate rehab $3 million from agent. Input please.

Post: Interest rates on investment properties

Dejuan CallowayPosted
  • Rental Property Investor
  • Rapid City
  • Posts 38
  • Votes 1

Perfect  thanks for all the help. 

Post: Interest rates on investment properties

Dejuan CallowayPosted
  • Rental Property Investor
  • Rapid City
  • Posts 38
  • Votes 1

The property will be in my name. Rates are 5.25%  but the lender told me the rates just went up. Because he gave me the numbers about 2 weeks ago at 4.7. 

Post: Interest rates on investment properties

Dejuan CallowayPosted
  • Rental Property Investor
  • Rapid City
  • Posts 38
  • Votes 1

Hi I would like to know if anyone knows the current interest rates on investment property. Single family.