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8 December 2020 | 9 replies
So, for the property I just mentioned, we will get an infinite cash on cash return with no risk as we are not personally liable for the loan.
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21 May 2020 | 13 replies
PA, in its infinite wisdom, requires payment of real estate transfer tax even if you transfer a property from yourself to an LLC you own - it might be a pass-through entity for IRS purposes, but the state wants its transfer tax anyway.
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2 June 2020 | 10 replies
There is an infinite number of ways to do this, but I would recommend blending and extending.
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22 March 2021 | 1 reply
This investment will provide an infinite return.
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11 April 2021 | 43 replies
Note that Northam and the legislature in their infinite wisdom have just extended the moratorium until July 1, 2022.
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1 April 2021 | 7 replies
Picking a market you want to invest in can definitely be a tenuous process - there can be an infinite amount of things to consider!
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5 April 2021 | 8 replies
In this case I think splitting the money 50-50 would make sense as the value you would gain would infinitely help your confidence for future projects.
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18 July 2021 | 7 replies
Purchase price: $10,000 Cash invested: $19,571 Purchased: Nov 1, 2019Indianapolis, IN 46208Purchase Price: $10,000 sub2 two liensClosing Costs: $1037Repairs/Utilities/Legal: $19,571Total Project Cost: $30,608 (paid)Refinance: April 2, 2021Appraisal: $60,000Loan Amt: $39,470 (66% loan-to-value) Loan Fees: $1961Loan Rate & Term: 4% for 25 yearsMonthly Payment: $208.34Remaining expenses: $316.54Total Cost per mo: $524.88Rent for $799/monthCASHFLOW: $274/mo ( $3288/yr on $ZERO invested = Infinite ROI ) What made you interested in investing in this type of deal?
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3 April 2021 | 2 replies
Purchase price: $10,000 Cash invested: $19,571 Purchased: Nov 1, 2019Indianapolis, IN 46208Purchase Price: $10,000 sub2 two liensClosing Costs: $1037Repairs/Utilities/Legal: $19,571Total Project Cost: $30,608 (paid)Refinance: April 2, 2021Appraisal: $60,000Loan Amt: $39,470 (66% loan-to-value) Loan Fees: $1961Loan Rate & Term: 4% for 25 yearsTotal Cost per mo: $524.88Rent for $799/monthCASHFLOW: $274/mo ( $3288/yr on $ZERO invested = Infinite ROI ) What made you interested in investing in this type of deal?
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6 April 2021 | 3 replies
I was able to force the appreciation through the rehab and my return became infinite after the first year.