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4 April 2018 | 14 replies
On the surface it sounds like you could get a great house with a good chunk of equity built in.
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19 April 2018 | 33 replies
On the surface you appeared to be not qualified for this business.
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5 April 2018 | 5 replies
On the surface, it looks like a great deal, but I would dig a little deeper.Personally, I don't like a 50% estimate for expenses.
6 April 2021 | 8 replies
Account ClosedJust a small disclaimer: there may be aspects of your agreement with the other person that makes it appear more like a partnership than your post would show on the surface, so be sure to have the conversation with your CPA regarding the code you researched.This has been my understanding as well.
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10 April 2018 | 11 replies
They have more skin in the game then you do.Make sure you get clear title.
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16 April 2018 | 7 replies
When you seal the drywall it evens out the finish instead of absorbing into the wall creating an uneven surface.
7 April 2018 | 0 replies
However, the loan amount that I will be taking out will be based off of the property price and rehab costs(90% of each will be a loan and 10% will be my skin in the game).
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16 July 2018 | 9 replies
We basically touched all interior surfaces with some sort of upgrade.
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4 May 2020 | 15 replies
At surface level it seems like the general pricing for Multi's have declined in Boyle Heights since 2016.
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18 February 2018 | 17 replies
Seller owns property free and clear and you guys sign a purchase agreement for 100KYou put down 10% which is 10K to the seller(skin in the game)Your hard money lender put in 90K, which is the rest of the money due to seller, to get to that 100K owed.Then Escrow closes and your seller has the 100K owed to him and then you pay the lender who put in 90K monthly interest only payments till you resell/refinance the property paying off the 90K owed to him.