All Forum Posts by: Milton Peggs

@Melvin List No im speaking on evaluating an investment property to make an offer. In Chicago we take 70% of ARV minus rehab cost and 10% for holding cost to come up with a max offer is it the same for Florida

Does the 70% rule apply to investment property in Florida?

@Shari Peterson Thanks for the response i sent you a message.

@David Weintraub I see you tagged someone but they never responded.

@Patrick Hermans my BC buyer wants title seasoning and I have not found a transactional funder as of yet who does ETF.

@Jeff S. thanks for the insight it was very informative. My issue is the BC side wants the title Seasoned for 15-20days why, I don't know that is how they operate. I have a written guarantee from the BC side to purchase the property, now I know the word guarantee in this business is just that a word...lol But my BC buyer is a Regulation D fund that has committed to buying the property way before I even found it. The property has to meets their buying criteria in which it does.

Looking for one who will do at least 20 days

Hello Everyone,

I am seeking information on transactional funding can anyone help