All Forum Posts by: Tony Karns

I am currently looking at a few commercial deals. I am new to REI and would like to make a wise decision on whether I should hold in place or move forward. so here are my questions.

Does commercial MFU follow the same LTV rule that residential property does?

If a deal presents itself and is actively generating income, with records that show positive cash flow in the last five years, do lenders take that into consideration?

Can you get 100% of LTV if property is generating positive cash flow?

missing today's webinar, can anyone please share the link

Hey Alec, thanks for the reply. Yea for the CG that is tough ,but I think that I could manage that. The PM is a bit more difficult. It really requires that I negotiate each job which can become expensive and you really don't want to change them out in the middle of a job. Unfortunately for me this is something I must do as I get started in a market that I no longer will reside in.

I am getting ready to start investing, but I will not be doing the work myself as this investment will be out of state. I got a few questions and would like to understand how others are doing it.

I will be moving to TX , but would like to invest in FL. Do I need a Project Manager? 

Since I am not sure how many flips or rehabs, I will be doing a month; What is the best way to address compensation with the project manager.

While a general contractor is paid by the job, some are very busy and it could be months till they are available, How do you keep a good GC when you are in between deals?

Thanks Dave already doing so.

thanks for the advice guys. So I guess maybe the question was structured wrong. in my readings I have come across the term "Cash-Flow on hand". I was curious to see if there was a ideal percentage that should be maintained .

yes I am getting ready to launch one.

I have lived in the palm coast area for 3 years, currently own a home that I purchased with the intention of flipping. It is currently on the market (lets wait and see if this one was a success). I am ready to jump into flipping or buy and holding in the Florida area. I look forward to interacting and sharing knowledge and experiences with everyone

I am currently in the process of writing out my business plan and I would like to add some info about how I plan to manage my cash flow. What is a good cash flow percentage ?