
21 December 2024 | 14 replies
Lenders typically look at the rental income of the property to determine if it covers the loan payments.

18 December 2024 | 3 replies
*Development plans for expanded Hoffman Town Center*Although specific tenants have not been named yet due to the development being in the earlier design and planning stages, the vision as described by Hoffman Co. is a commercial and residential mixed-use development including a new public school, storage center, city agency training, a farmer's market, festival space, beer garden, and "other similar uses approved by the city".Sources:Developer laying groundwork to go bigger in Alexandria’s Eisenhower corridorAlexandria considering big plans for properties next to Eisenhower Avenue Metro stationPotomac Yards Alexandria: The 2$ Billion Sports Arena is not the Biggest Development in the Pipeline for Potomac YardsThe Sports Arena was a recent idea that was part of a bigger plan approved in 2017, that called for a massive shopping center at Potomac Yards and the surrounding area to be redeveloped into 1.9 million square feet of office space, 1.1 million square feet of residential space, 900,000 square feet of retail, 300 room hotel, and 9.3 acres of open space by JPG Smith.

20 December 2024 | 7 replies
@Brock Bernall As a rookie House hacking is the best for getting started has the lowest risk and best profit for a low down payment option.

20 December 2024 | 6 replies
With the cash out refi it would be the same you would just factor what you would cash flow with the new monthly payment.

19 December 2024 | 15 replies
Highlights:* no prepay on 12 mo bridge* 6 months guaranteed interest on a 24 month bridgeThese are interest only loans and the DSCR calculation isn’t a factor in the lending decision.Compare the cost of your lower interest rate DSCR loan, including PPP versus what the bridge would cost at a higher interest rate and no or minimal PPP.PPP=pre payment penalty :)

18 December 2024 | 3 replies
., interest rate, payment structure, balloon payment timeline, etc.)

19 December 2024 | 5 replies
You can get away with using 5% for Class A tenants, but we use 10% for Class B and lower. 3) Tenant Payment Performance: you didn't mention this, but it is important!

11 December 2024 | 2 replies
The typical clients that seek out cost segregation studies include:Real estate companies that buy and sell multiple properties each year.Individuals with a portfolio containing investment properties including apartment buildings, multi-family homes and even single residences.Franchise owners with properties that are similar to one another such as assisted living facilities, storage facilities and golf courses.Business owners of hotels, food facilities, shopping centers, restaurants or manufacturing plants.It depends on the type of property, but generally 15-45% of the building’s costs can be classified into assets with a shorter life.

18 December 2024 | 10 replies
.- get into real estate with a lower rate and lesser percentage down payment.

19 December 2024 | 13 replies
I had large payments on my personal loans due and extra money going out to finish the project, not ideal.