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13 January 2025 | 15 replies
I haven’t gotten a tour yet, but based on driving by and photos of the inside, it looks ready to rent right away.
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13 January 2025 | 15 replies
Most hard money lenders base their terms on the deal’s equity and your experience, so with a solid flip track record like yours, you should be able to find better leverage — especially if the deal has a strong ARV.What's the ARV on the property?
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23 January 2025 | 39 replies
I was told initially that commercial deals(5 plus units) were based more off income property is producing than personal credit/finances but that's not entirely true.
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15 January 2025 | 13 replies
Not all but a vast majority based on my doing deals in PA NJ WV OH SC etc etc.
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13 January 2025 | 5 replies
They're highly popular for turnkey rental properties because qualification is primarily based on the income generated by the property itself rather than the borrower.
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14 January 2025 | 4 replies
As I start to look at what sub-contractors I want to use I wanted to see if anyone has a good base template for sub contractors to sign?
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13 January 2025 | 8 replies
Assuming a 40% expense ratio, the net operating income at the current income level would be around $19,440 annually and $28,800 after renovations.At a $360,000 asking price, the cap rate based on current NOI would be 5.4%, which is low for a park with park-owned homes and required renovations.
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21 January 2025 | 31 replies
The out of the box strategies and set ups sold will never replace customized AP/Tax strategies based on individualized circumstances.
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18 January 2025 | 16 replies
It's adjustable based on size, erring on the side of generosity.