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4 September 2024 | 2 replies
Yes, so I'm using standard cash flow from operations GAAP, which would be as you said adding in depreciation to net income.I need to learn how mortgage pay-down principle applies to cash flow since mortgages are not considered operational expenses. 2.
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4 September 2024 | 4 replies
A rent schedule is a supplement to an appraisal, and usually costs $100-$150 in addition to the standard appraisal fee.
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3 September 2024 | 7 replies
The buyers want "An ALTA Owner's policy of title insurance without standard exceptions" checked on the contract instead of "An ALTA homeowner's policy of title insurance."
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5 September 2024 | 12 replies
Maintain the absolute highest standards of appearance, cleanliness and service and families will be beating your door down.
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4 September 2024 | 0 replies
We financed the Dearborn St project using our standard Partner Driven strategy—covering all the necessary capital for the acquisition and renovation.
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5 September 2024 | 13 replies
Reverse exchanges are much more expensive and complicated than a standard exchange.
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4 September 2024 | 1 reply
Offering to cover closing costs or agreeing to post-inspection repairs are becoming standard practices.
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8 September 2024 | 101 replies
Just implement the same standards across the board and you can be sucessful with it.
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3 September 2024 | 6 replies
Property exceeds standard DSCR/LTV ratios and PFS is good too.Not 5%, but seems like there are some high 5% rates being advertised.
4 September 2024 | 12 replies
Some of the help offered here is accurate and some of the help offered is a bit offFor most cash out refinance loans on investment properties the Max leverage offered is 75% LTV (You may find 80% but that really isn't industry standard) Which at a 250k "As is" value your max loan amount would be $187,500.00 If you purchased the property for 165k and renovated it for 30k you are all in for 195k Since I am assuming the property is owned free and clear the $187,500 (minus closing costs let's call it 5% of the loan amount) can be used to pay down your debt.