Christopher Derr
Higher Cashflow or Higher Cash on Cash?
15 September 2017 | 4 replies
That extra money l, reinvested, will make more than $50/month cashflow.
Burt L.
Attorney Says Seller Cant Sell - Unreleased Deed & Mort Co Gone!
19 September 2017 | 8 replies
Originally posted by @Burt L.
Rob Terpilowski
BRRRR turns into GRRRR, having a hard time refi-ing
18 September 2017 | 9 replies
If you can provide your current P&L some lenders will be able to get an exception and average your P&L in with 2015/2016 to decrease the business loss.If it is just a small amount of income you need, you could always get a rent schedule with your appraisal.
Charlie L.
Drew Kessler
How to obtain a 30 yr fixed mortgage under an LLC
16 November 2020 | 35 replies
@Philip L.
Joseph Bramante
What is stopping you from investing in multifamily?
30 September 2017 | 187 replies
@Meredith L.
Caleb Teachout
Pensacola, FL area General Contractor Recommendations for Rehab
6 August 2019 | 3 replies
Looking on the events page the closest upcoming event I see is Destin/Fort Walton Beach Networking with @Arianne L this Tuesday Sep 19th.
Account Closed
Business Plan for investing in Multifamily / apartments buildings
11 April 2020 | 10 replies
learn about 1031 tax deferred exchangescomplete you financial package - 3 years tax returns P&L - real estate portfolio, credit scoreexpect to be rejected by lenders and other W-2 employees - qualify lenders, bankers, mortgage brokers - ask what products they have - see if you qualify for themlook at 20 buildings before offering on any - know the SF dollar cost - keep a journalmail lots of letters (be professional NO yellow childish communications) to owners of apartment buildingsUnderstand what a CAP rate is and how to get to it - fill out your commercial APODVerify -verify - verify all financial data given you by sellers - sellers are liars (so are buyers) trust NO One!
Jimmy L.