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18 April 2024 | 3 replies
It will teach him how to be a landlord as well as managing the properties.
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21 April 2024 | 47 replies
It is just our job to teach ourself about the risk in any investment.
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17 April 2024 | 16 replies
I did not join but sounds like Brad is teaching what is similar to what Ron Legrand does which is buying sub to or owner finace and then putting lease purchase buyers in place.
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17 April 2024 | 34 replies
The truth is no one can teach you that.
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17 April 2024 | 18 replies
They had found a niche in financing the small mill village style houses common in the Upstate.
18 April 2024 | 83 replies
you donot follow standard strategy that people teach here, it's outdated.You need to think to be creative.I have few units/tenant in the house.
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18 April 2024 | 15 replies
I won, but it was a long haul and expensive.I still do Subject Tos and I teach how to do them properly.Your comment: "Also, when done properly, the buyer takes out an insurance policy that states if the due on sale clause is called, then the insurance company will pay the mortgage company and originate and hold a loan on the existing terms"Please tell me who offers such an insurance policy. there is no such insurance being offered by a regulated insurance company it simply does not exist.
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17 April 2024 | 0 replies
This type of financing will typically look very different and more like a traditional commercial real estate loan.That means a DSCR calculated based on a full NOI and expense load (so inclusive of vacancy loss estimates, credit loss estimates, repairs and maintenance, utilities, management fees and more – in addition to the property taxes and insurance expense that are the only expenses factored in on traditional residential style DSCR loan financing).Additionally, the DSCR minimums are generally going to be higher (typically up to 1.25x), the loan to value ratios lower (higher down payments) and underwrite more sophisticated (which makes sense considering the size and scope of the property).Many multifamily investors for properties of this size (such as more than 11 units) can syndicate capital and have more sophisticated financial and entity structures – its definitely a different world once you get up here in unit count.In Conclusion – when you are looking to invest in multifamily real estate and finance your investment – make sure you have the unit count in mind before you start shopping – the unit range can have a huge effect on your options.
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17 April 2024 | 8 replies
I’m teaching myself the basics
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17 April 2024 | 15 replies
It is a great brokerage and system, but it is the most "pyramid" style business in the real estate business.