
19 July 2024 | 4 replies
Is there a recommendation on how to estimate these numbers?

19 July 2024 | 19 replies
I would not be surprised if an expansion like this was estimated at 5 - 7 months and for it to actually take 8 - 10 months.

19 July 2024 | 2 replies
To answer some of your questionsGross monthly cash flow is $3200 rent - $2550 expenses = $650 Yearly cash flow= $7800Vacancy 8-10% is close to 1 month's rent so = $3200 yearlyRepairs: 5x rule = $576 yearly CapEx: 1% of property value yearly= $4,000 (includes Special Assessments)Once I deduct vacancy, yearly repair budget and capex estimate I'm breaking even, but is that real?

19 July 2024 | 8 replies
To estimate offer price after showing, do you know what are the things to pay attention to look?

19 July 2024 | 0 replies
Research analysts at Jeffries recently estimated that a $2.7 trillion refinance boom could start soon.Current odds on Fed rate cuts at upcoming FOMC meetings below.

20 July 2024 | 59 replies
Cashflow is what's left over after you factor in repairs, capital expenditures, vacancy, property management, principal, interest, taxes, insurance.So it sounds like your not running numbers correctly - underestimating CAPEX which leads to over estimating cash flow.

18 July 2024 | 11 replies
General terms:80-90% LTV/ 100% LTC with a cap at 70% ARV9mo note at 12.99% I/O3pts Origination$1k UW$1k LegalAdditional costs - title, appraisal, property insurance (~$2k)10% of renovation estimate as contingency due at closing.Renovation funds issued on a reimbursement basis for work completed.Looking for constructive feedback.Thank you to all that contribute.

18 July 2024 | 4 replies
Sorry for the sarcasm.If you take the $180k purchase price (unstated but I assume same as your as-is value) plus the $70.5k rehab estimate, the result is 85% of the $277.3k ARV.

18 July 2024 | 9 replies
.**= Again, confirm with your CPA what your specific bill would be.But, for rough math / estimation's sake, it sounds like a "probably" - is that a fair takeaway?

18 July 2024 | 0 replies
They have a HELOC of ~$60kNumbers:Comps suggest ~$199.5/sqft (max 2,020 sqft)Estimated ARV: $335k (based on comps)Potential rent: $1,975-$2,000/monthQuestion: Do these numbers seem reasonable for the Braselton market?