How did you add value to the deal?

.: No one can answer you question as we don’t know where you are or the value of the home.

(Imagine the entire value of your property being just the 20-25% downpayment on a 4-5x larger property and the resulting depreciation.) 

Key Deal Points:Loan Amount: $88,000Lien Position: 1st position Purchase Price: $120,000Appraised Value: $250,000Interest Rate/Return: 11% annual returnTerm: 5-year balloon (meaning the entire principal and interest must be paid at the end of the term)LTV ratio: 35.2%---Licensed Lending company for contractsRMLO package completed on buyersServicing company for payment

We host Free Meetups in Boston, Worcester, Lowell, Manchester, Portsmouth, and Biddeford. 3️⃣ BRRRR Method (Buy, Rehab, Rent, Refinance, Repeat):Find distressed properties, add value through renovations, and refinance to pull most of your cash back out.

Now that rates have doubled, a bank could call notes due, take the property back at a dramatically increased value, and resell it at 8% to make a huge profit.Pace talks about SubTo insurance to protect the investor from these scenarios.

My gut tells me they are pushing the revenue and basing the homes value on that.

I have two duplex units and am subdividing into townhomes for higher market value.

I have not seen it just taking face value that Ken is relating it correctly.

How did you add value to the deal?