All Forum Posts by: Jeremy Cohen

I need help remembering a book title that was referenced in a fairly recent BP Real Estate podcast (330+). In it, the guest referenced a book that described two key people that lead successful startups. I don’t recall the exact description he gave them but it was something like an “innovator” and an “implementer”.

Thanks in advance to anyone with a good memory!

@Jon Holdman I know this is an old thread but I'm new and trying to learn how to run "the numbers" on hard money deals. I have a few questions about your example. Thanks in advance if you have a chance to answer.

Why did you calculate the origination fee from the ARV rather than the loan amount?

Does the borrower pay interest on the draw amount before it is used?

What is a "net holding"?

How did you determine a $4,500 net holding? With your note, I got $10,400. (rehab budget, $15,000 - payments, $4,600 = $10,400)