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All Forum Posts by: Keith W.

Keith W. has started 31 posts and replied 104 times.

Post: Changes to FIX and Flip Calculator

Keith W.Posted
  • Investor
  • Massachusetts
  • Posts 122
  • Votes 11

Is there an option to upload a logo to the new Fix and Flip Calculator?

Post: [Calc Review] Help me analyze this deal

Keith W.Posted
  • Investor
  • Massachusetts
  • Posts 122
  • Votes 11

Ok. Let me take another look. Thanks. 

Post: [Calc Review] Help me analyze this deal

Keith W.Posted
  • Investor
  • Massachusetts
  • Posts 122
  • Votes 11

I did notice after posting that the first few years did yield a negative cash on cash. 

I guess the figure up top of the report is an average. 

Post: [Calc Review] Help me analyze this deal

Keith W.Posted
  • Investor
  • Massachusetts
  • Posts 122
  • Votes 11

$166,000 Full Rehab for a 3 Family. 

Post: [Calc Review] Help me analyze this deal

Keith W.Posted
  • Investor
  • Massachusetts
  • Posts 122
  • Votes 11

It looks like the project cost is higher than the ARV. The cash on cash return is lower than I would want but why is positive? Also, there is cash flow.

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Post: Hard money interest only payments

Keith W.Posted
  • Investor
  • Massachusetts
  • Posts 122
  • Votes 11

@Kenneth Garrett

Thanks for that info. 

Post: Hard money interest only payments

Keith W.Posted
  • Investor
  • Massachusetts
  • Posts 122
  • Votes 11

Thanks for the clarification. 

Post: Hard money interest only payments

Keith W.Posted
  • Investor
  • Massachusetts
  • Posts 122
  • Votes 11

Ok. Thanks. So you only pay on the amount you're actually using. 

Post: Hard money interest only payments

Keith W.Posted
  • Investor
  • Massachusetts
  • Posts 122
  • Votes 11

For example, there is a $100k rehab loan. The investor requests a draw for $10k to cover the first part of construction. 

Are the interest-only payments based on the $100k or Just the amount drawn? In this case, the 10k? 


Post: Is a wrap mortgage and subject to the same thing?

Keith W.Posted
  • Investor
  • Massachusetts
  • Posts 122
  • Votes 11

@Brian Gibbons. Thanks for that!