All Forum Posts by: Gil Korezky

Do you work with foreign out of state investors ?

Right now we are focusing on Milwaukee and already have 1 asset for buy and hold, and continue to search for assets for our next investments.

will shoot you a message in private

Hi,

I'm thinking about opening a new market in Atlanta and i would like to talk to real estate investors who work there with Fix & Flip / BRRRR strategies for some consultation.

Hi,

I am looking for AI tools for the following 

1. Area analysis 

2. Inspection report  analysis 

3. Rehab estimator by pics 

Hi all,

I would like to better understand mortgage and lending options for buying a property as a real estate investor.

Let's take an example, where I have a property that costs 100K (ARV 130K) and I'd like to take a mortgage or hard money for LTV 65% (as a foreign international investor), potential rent 1300 a month.

1. Can I take a mortgage and then do a cashout refinance? how is this impacting the cash flow ?  let's say I want to cash out after 1 year? 

2. Can I even take a mortgage and then do a cashout? how much can I cash out after 1 year ?

3. How much should I expect the mortgage and refi closing cost will be ? any rule of thumb here before i go into calculators ?

I know that some of the data depended on the lender but i would like a rough estimation (if we saw 3% origination fee, and 7-8% interest rate)

If someone have good calculator and happy to share, i'll be more then happy to check it out :)

Gil