Daniel M.
Best Online-Only Business Banking Solutions for Real Estate LLCs
10 April 2024 | 3 replies
These specialized services can greatly streamline the investment and management process.I've done some preliminary research and found some promising options, including BlueVine, Axos Bank, Mercury, and Novo.
Samson Hall
My first section 8 look deal
9 April 2024 | 7 replies
I would maybe even wager you are negative or break even just looking at cash flow.
Walter Roby jr
Investing in land for Solar Farms
10 April 2024 | 12 replies
This criteria would imply that this land is near the grid, flat, and underneath the sun.LandWatchSan Bernandino Desert Land 80 acres Price: $58.8k seller finance at 320/monthTaxes $120/year = 12/monthTotal Monthly Payments 332/monthWeb BrowsingRental income from Renewable sites roughly $750-500/acre annual (62-42 monthly)80 acres at $500 annual = 40,000 annual 3,333 monthlyTotal Monthly Income 3,333/monthTotal Monthly Payments 332/monthTotal Preliminary CashFlow 3,001/monthAnnualized ROI 63%The land posting does not mention a down payment so I assumed 30yr financing at 5.25% to get roughly $320.
Lily Aldridge
What are closing closing cost?
9 April 2024 | 2 replies
@Lily Aldridge, Google search for preliminary settlement statement examples.
Kenny Simpson
Mortgage rates in the 4's and 5's in 2023?
9 April 2024 | 64 replies
Before we jump in, here’s an update on my inflation wager.
Angela Crockett
How to proceed with a possible off market single family house
6 April 2024 | 5 replies
However, do you feel it's necessary to have a preliminary title report prior to making an offer?
Brandon K.
Acquiring NNN A-rated tenants
4 April 2024 | 6 replies
If you're considering a 4-tenant retail development, I'll assume you've already performed a fair amount of the preliminary due diligence and evaluation such as:* identified actual demand for the product type in the market you are considering, along with supply in process within competition area to the proposed site.* understand current market rents for the type of tenant and construction you are considering, and at your specific location.* understand delivery timelines, TI schedules, and general construction process/permitting for you and the end users.* have identified the most likely tenants for the development in question, and understand the building criteria each have for spaces.If you haven't answered "Yes" to each of the above, I would recommend pausing until you have the above nailed down.
Elton Tate
DSCR Loan Closing Cost
4 April 2024 | 12 replies
If I were in your shoes I would request a preliminary settlement statement showing all actual lender fees.
Bennet Sebastian
Flex Space Development - Still Viable?
4 April 2024 | 5 replies
It might be a good idea to tie the site up as long as you can to get some soil testing and at least some preliminary drawings done by the civil engineer to see exactly what the site work costs will be.
Lisa Thoele
Setting up a tiny house community like a mobile home park?
1 April 2024 | 59 replies
I've done some preliminary research and looked at what other communities have done and there are many ways this could be approached.