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All Forum Posts by: Yiftach Ilyov

Yiftach Ilyov has started 32 posts and replied 106 times.

Post: How many checking accounts for your property?

Yiftach IlyovPosted
  • Specialist
  • Tampa, FL
  • Posts 122
  • Votes 33

@Ned J. i always appreciate a lesson. Thank you man

Post: How many checking accounts for your property?

Yiftach IlyovPosted
  • Specialist
  • Tampa, FL
  • Posts 122
  • Votes 33
Could someone explain what is a cap ex ?

Post: New construction and financing

Yiftach IlyovPosted
  • Specialist
  • Tampa, FL
  • Posts 122
  • Votes 33

@Scott Krone thank you so much!

Post: New construction and financing

Yiftach IlyovPosted
  • Specialist
  • Tampa, FL
  • Posts 122
  • Votes 33
So I started to learn the new construction field and, of course , starting with the finance side of things(all start and finish in money!). I spoke to a few lenders(private and banks) to check my option for funding new construction. All of the lender told me they won't lend money if I don't have most of the equity on the land I'm building on. My question is if there's lenders that fund both land and construction or is there an angle or a creative solution for this situation? My strain of thought is - when the big players buy lands in the millions and the construction go in the tens of millions I'm sure someone lend them money for both land and construction, is there any solution for a he little guy ? Thank you :)

Post: when do you list the flip?

Yiftach IlyovPosted
  • Specialist
  • Tampa, FL
  • Posts 122
  • Votes 33
Thank you for your comment man. I'm thinking - if it can happen with new construction, why not with a flip

Post: when do you list the flip?

Yiftach IlyovPosted
  • Specialist
  • Tampa, FL
  • Posts 122
  • Votes 33

hey flippers - quick question;

did any of you list a house before the rehab was completely done? did any of you sold house before the rehab was completely done ? what are your thoughts?

Post: assuming lead's equity

Yiftach IlyovPosted
  • Specialist
  • Tampa, FL
  • Posts 122
  • Votes 33
Larry T. Great! Have of the issue solved ! Thank you !

Post: assuming lead's equity

Yiftach IlyovPosted
  • Specialist
  • Tampa, FL
  • Posts 122
  • Votes 33
Darren Budahn bingo! Thank you. Where can I find the schedule ? Will I find it on realist?

Post: assuming lead's equity

Yiftach IlyovPosted
  • Specialist
  • Tampa, FL
  • Posts 122
  • Votes 33
Second try

Post: Am I Being Scammed? Origination Fee

Yiftach IlyovPosted
  • Specialist
  • Tampa, FL
  • Posts 122
  • Votes 33
If you're being asked to pay origination before the loan was approved that's 100% a scam