Harris L.
Question regarding financing, W2 from my own Business
1 September 2017 | 2 replies
@Harris L. since you are self employed you will need to verify business and personal tax returns
Nicholas Preston
From Personal loans to LLC financing
2 September 2017 | 6 replies
Echoing Cody L. , the real limit is 10.
Donald Dickerson
Owner Finance question
3 September 2017 | 8 replies
If it's commercial, then have them send you their P&L's, taxes, personal financial statements etc.
Abulele Woldulele
Should 1% be on asking price or on asking price minus down paymen
3 September 2017 | 8 replies
Because of high property taxes in my area, anything at or below 1% purchase l price will never cash flow.
Cenddie Alaban
Our family friend has $150,000 in cash but cannot buy a house.
6 September 2017 | 57 replies
@Cody L.
Mark Manship
Jorge P.
Christopher Blanco
Best Course of Action to Cut Back Scope
7 September 2017 | 14 replies
@Tom HurfordThe house is 2400 square feet, brick. 4 beds, 3.5 Bathrooms, University Heights, OH (near Cleveland)ARV: $240K-$260K Initial Budget was $58KBid from contractor: $59KMaterials I am providing: $16K (incl 2k contingency) (in bold below)Rough Scope: Landscaping (clean out window wells, remulch beds, trim bushes and trees)- L: $1845Masonry ( Tuckpoint Chimney, Tuckpoint exterior masonry around porch, powerwash brick) L&M: $1200Windows (Replace 16 Windows): L&M:$3600Roof (Inspect Slate Roof): $150Gutters (Replace all gutters): L&M: $1200Deck (Powerwash and stain): L&M: $500Front Porch (Scrape and Paint Iron Railings): L&M: $100Exterior Lights (5): L:$100, M:$200Kitchen (Complete upgrade, counters, cabinets, tile floor) L&M: $11,000, Appliances: $3,000First Floor 1/2 Bath (Complete upgrade,): L:$2000, M (supplied by me):$550First Floor Master Bath (Complete Upgrade): L:$4500, M (supplied by me):$2400Second Floor Main Bath (Complete Upgrade): L:$4500, M (supplied by me):$1800Third Floor Main Bath (Complete Upgrade): L:$2000, M (supplied by me):$1600New Entry Doors and Lockset (3): L:$300, M (supplied by me):$1025Finish Basement walls and ceiling (Frame, drywall, and Trim, 400 sq ft) L&M:$10,000Finish Basement Flooring (LVP): L:$1500, M (supplied by me):$1000Refinish Hardwood (1300 sq ft): L&M: $5000Electrical (Replace outlets, switches, faceplates, interior lighting): L:$1100, M (supplied by me):$1026Paint Prep : L&M: $600Paint Interior (floor (basement), ceilings, walls, and trim): L&M:$5000Exterior Painting (Garage door, house/window trim): L&M:$2500
Granville L.
Vacant House w/ Bee Hive
11 September 2017 | 9 replies
Originally posted by @Granville L.
Philip Mullinax
What documents should I ask for when evaluating a multifamily?
10 September 2017 | 3 replies
Ideally they should be able to provide / generate reports; 3 year T12 P & L, 3 year historical occupancy, 3 year Capex, and so on.Good luck,Oren