The rate cap in January is currently priced at $747,000.The Capital Call funds will be used in the following ways:1) $4mil is being used to pay down the loan.2) $175k fee to extend the loan for 1-year.3) $2.247mil to cover interest rate cap extensions for the remainder of the hold period, including $747k for the January 2025 6-month interest rate cap purchase.4) $1,000,000 in reserves to prepare for additional extension fees and cash reserves.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

In a 1031 exchange, does the replacement property need to be more valuable than the total sale price of the deal I sold (including other investors), or just my individual portion of the investment?

The DIYers are welcome, but these kind of deals take a solid 150-200 hrs for the average first timer from start to finish and a minimum cash position of $175k (if you DIY the design/furnishing; more if you want to be hands off).  

But I do plan on transitioning into working the wholesale process from start to finish myself as that’s the road to making more than the $10k he offers.

It added new stipulation, including the ability for housing providers to get 100% back rent owed even for tenants that have moved out already.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

. $69k for a 3 unit with gross rents of $2k a month and total expenses of $800 a month which included management and capX.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

@Marc Robinson some may be more adventurous than me but with septic and well I would walk awayI prefer TOH of course but with $300 lot rent and 19 occupied, utilities included in rent I would pay $400-450k for this