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Results (10,000+)
Kevin Dunne Rental Property Condo Rehab - Selecting Finishes
9 October 2018 | 1 reply
I have most items selected through Home Depot but stuck on some of the larger ticket items.What are some recommended, durable kitchen/bathroom counter tops? 
Jared Newman Negotiating for Borrowers: Points vs. Note Rate
9 October 2018 | 0 replies
The dollar amounts are rounded to the nearest number. 1 Month 3 Months 6 Months 9 Months 12 Months 9.99% and 1% $9,163 $18,738 $29,975 $42,463 $54,950 10.99% and 0.5% $7,079 $16,238 $29,975 $43,713 $57,450 11.99% and 0% $4,996 $14,988 $29,975 $44,963 $59,950 As can be seen, each rate could be the best option for the borrower based on the amount of time that it takes for them to complete their project.
Sarah Jukes Reinstating loan, out my name on grant deed
11 October 2018 | 6 replies
Some people get away with cheating on their taxes too but that doesn't mean we should.
Patrick Hall Yet another request for deal analysis help......
10 October 2018 | 2 replies
to be some upside that I am missing in my valuations:Purchase price:  495,000Units:                      16Rental Income:      8,400/moDown:                    20%Down:                    100,000Closing:                      6,400Repairs:                    16,000 (assume 1,000 per unit)TOTAL INVEST:     122,400Costs:  Debt:                  2,800.00 (6%)   Taxes:                   690.00  Insurance:            200.00  Sewer:                   800.00  Heat:                  1,200.00  Yard:                       40.00  Garbage:              300.00  Cap Exp(3%)        252.00 (Lower than I normally go)  Repairs (5%)        420.00 (300.00 per yr/unit)  Mngmnt (10%)    840.00  Vacancy(7%)        588.00  Screening              40.00 (tenant screening)TOTAL COST:     7,600.00 (rounded)Monthly CF:          800.00 (yikes...…...50.00 per unit!!)
Account Closed Lease renewal for an inherited tenant
11 October 2018 | 6 replies
Stop try to fit a square peg into a round hole.
Kevin Pruitt Conventional Loan vs. Unsecured Loan vs. Hard Money Loan HELP!
11 October 2018 | 2 replies
Here is what the numbers came out to:$50k unsecured loan at 8% interest from Huntington BankPurchased property for $40k- used the remaining $10k for repairs (repairs should take max of 2 months)Rent house out after repairs are done for $900-$1,000 per month  ARV of property is $60k53rd Bank offers 90% LTV refi after 6 months seasoning and $195 processing fee at closing- Refi property for $54k on a 30yr mortgage at 5%Mortgage payment including taxes & insurance= $436/monthCashflow= $900 - $436 = $464 gross cash flowRemove 20% for cap ex/vacancy/other expenses (round up)= $100Net Cash flow= $364 monthWith the 90%LTV refi I am able to get my initial $50k back from the unsecured loan plus $4k.
Mike Cumbie Space between last line and signature
12 October 2018 | 2 replies
I'll make a ticket
George V. What public sites do you use for backround checks?
15 October 2018 | 7 replies
I have been happy with the information provided on there, it goes down even to 10 year old speeding tickets.
Eli Rollins What's real estate again?
15 October 2018 | 35 replies
She may not have a father around growing up and, even if she does, she often spends as much time as possible studying to get away from him anyway.
Jason Hunt What to do: Negative cash flow rental
14 October 2018 | 9 replies
The location makes it desirable for retirees and people trying to get away from city life while being close enough to still have a "real job."