4 March 2019 | 13 replies
Assume a loan of 318750 (75% LTV) @ 5.5%, 5 year/30 Am your payment is around $1800, which leaves you closer to $1450/month net or $17400 annually, which is more like 16% cash on cash - that also assume you aren’t splitting the profits, if that’s the cash it’s more like 8.2% CoC.Now as a passive investor one could certainly do worse than 8.2%, but this also assumes no hiccups (like long vacancies).Given your statement about not knowing how to do rehab, I’d be pretty nervous giving you a check for $100k, and as for the alternative option, you’d be hard pressed as a rookie to find a hard money lender that will give you 90%.As for other options, will the seller finance the whole thing for a short while while you bring up the NOI?

18 December 2018 | 30 replies
So im pressed for time and i only have 30, 35 days to find analyze inspect appraise and close on a Multi family i need a Pro's Advice i also need alot of different perspectives on were to look and how to go about it what strategy and process do you use ?

4 October 2018 | 8 replies
The ceiling fan remote's button is hard to press in a bedroom that she doesn't use and she wants it wired to the wall.Now i'm all for treating your tenant's well because if they treat you well the same often times is reciprocated, so naturally we paid to bring out an electrician and contractor to do some of these minor fixes and moving forward there shouldn't be much to complain about.
12 April 2019 | 21 replies
Once my tenant is out, I want to press charges against her, but don’t know how to prove she falsified her records.

18 February 2010 | 2 replies
How sad it is that you have to go outside of the "free" press of America to get news....

6 May 2010 | 1 reply
But if you're pressed for buyers... and you're buying deep.

7 June 2010 | 4 replies
A "straw buyer" would be fraud, but I have seen little press actually involving straw buyers.

27 September 2012 | 12 replies
4) I am not hard pressed for cash even if I don't sell my home.

7 November 2014 | 52 replies
To be honest, it is more likely an agent will press a seller to price too low.

4 March 2014 | 12 replies
Hi BP,I'm officially off the bench and have started actively wholesaling.