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9 January 2025 | 0 replies
Price RangeDefine your financial boundaries based on available capital and borrowing ability:For Class A & B, financing typically covers 75%-80% of the purchase price, allowing you to buy properties in the $6M-$12M range if you have $2.3M total cash.For Class C & D, due to higher risk, the price range might be reduced to $5M-$10M with the same cash.5.
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7 January 2025 | 0 replies
Did you have taxable income that could’ve been reduced utilizing tax strategies?
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11 January 2025 | 420 replies
.)$10K out of my $30K line is only about 34% utilization maximum after I take each chunk.
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14 January 2025 | 11 replies
You'll be hard pressed to find a coach that teaches Lacrosse, rugby, cricket, and shot put.Also, a coach is typically used to accelerate growth, not get you started.
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12 January 2025 | 7 replies
Typically, we set up entities in the state in which the property resides.
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9 January 2025 | 6 replies
Business loans typically won't let you purchase a property if you read the fine print.
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12 January 2025 | 185 replies
The people doing subject-to are quite sophisticated and typically have quite the platform.
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26 January 2025 | 48 replies
If the didn't do that then they have converted to LTR or MTR rentals at a steady monthly income and have the tenants take over the utilities which offsets the loss of more income.
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7 January 2025 | 7 replies
Also, having a rehab budget already laid out with explanations on how you got the numbers would help and is definitely a plus when I look at deals even though I typically wont use their numbers it at least shows a little more effort.
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11 January 2025 | 49 replies
Originally posted by @Mike Lambert:@Jon Latorre$100k+ sounds nice but it's not the same return whether the property costs $2 million or $5 million.My question was what is the typical rental yield range?