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1 July 2024 | 6 replies
Jonathan Klemm might be able to help.He runs Quality Builders, a tech-enabled GC business in Chicago with proprietary technology including tracking and estimating rehab costs.
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2 July 2024 | 20 replies
I do not know the new mobile home price in 2019 but will use $110k (rough estimate) but in your market the average in 2019 q4 was $42k, 2023 q3 is $85k.
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30 June 2024 | 4 replies
Current estimated value is 315K.
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30 June 2024 | 2 replies
The market rent puts all three together at approximately $2900 monthly.Costs behind the acquisition:Property taxes: $5000 yearlyInsurance estimate for all three: $3,300 yearlyC-class properties (not best location, their condition is about average - older properties)Purchase price: $250,000k$15k down and $235k seller financed at 6% interest for 30 years. 5-year PPP.
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29 June 2024 | 4 replies
😭Do you have an estimate of their charges for this type of case and whether they are affordable?
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29 June 2024 | 3 replies
Both of our credit is well into the 700s and the property estimated value is 900k plus.
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29 June 2024 | 8 replies
Not sure, if this means hiring multiple people (one for appraisal, one for inspection, one for cost estimates)3.
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29 June 2024 | 7 replies
I would say if you do post it be as detailed as possible minus borrower info re: what's the collateral exactly (estimated value, condition, etc), outstanding balance, state where it's held, terms, performing or non, 1st or 2nd position, payment amount and what you're asking price wise.
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30 June 2024 | 11 replies
Rough estimate is with the new loan it would break even cash flow wise for now.
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29 June 2024 | 13 replies
The CapEx estimates can be very difficult to estimate without seeing the building.