27 September 2021 | 0 replies
My hypothesis is there could be unique considerations around: 1) insurance, 2) environmental diligence, 3) due diligence like estimating vacancy, and 4) how best to research leasing comps because commercial leases are so different among other items.
4 October 2021 | 2 replies
Lessons learned were when doing your rehab estimate focus on the expensive capital expense items first.
8 October 2021 | 16 replies
A couple issues you'll run in to trying a BRRRR in Tampa:- finding a quality contractor right now that has availability (supply chain is only an issue on certain materials such as shingles, windows, and other items but it does not affect every reno equally)- finding a deal that cash flows (or breaks even) once you refi.
28 September 2021 | 5 replies
.******************.comI don't know if that link will work they are not letting me share my pdf file BRRRR calculator document with you without signing up for the pro membership on the forum... its like 400 bucks. anyway have a look at the property if you like on google earth or any other way of your preference. it is *******************, Daytona Beach FL 32114I've attached a pdf format of the property as an investment with a traditional loan and not paying cash upfront.
6 October 2021 | 4 replies
What did pass, along with many other items, is a limitation of rent increases maxed out at once per year.
29 September 2021 | 3 replies
He has contract packages for wholesalers, seller financing and traditional, runs a title company and a land trust company too.
4 October 2021 | 8 replies
Not bad considering finding even a breakeven home right now seems impossible via a traditional model.
28 September 2021 | 7 replies
Keep in mind though that there are plenty of ways to finance a deal without traditional lending.
30 September 2021 | 3 replies
In any case, you can get traditional financing on a 2/3/4 unit that you're living in one of the units, you get a waiver from some of the fair housing act stuff on your first place that you are living in. 2.
13 October 2021 | 15 replies
That lets you qualify for traditional financing, and you can get first-time homeowner FHA on something like that such that $20k might be all you need for a down payment (or less).