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13 March 2024 | 23 replies
Consider the following:12 unit in somewhat rural Wisconsin, 6 separate duplexes on one piece of land, priced at $849K.OM Insurance cost: $6200 (seems high)Broker proforma: $30001.25% - 1.5% rule from @Juan Vargas: $10,612 to $12,735$250/unit rule from @Gino Barbaro: $3000The WI apartment deal isn't a traditional apartment building so I tried it on one more building.
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12 March 2024 | 8 replies
I fully intend and want to do this but it seems like the traditional channels of finding a REIA or something similar don't return any results.
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13 March 2024 | 11 replies
I am going to look into this alternative to the traditional ways of getting motivated seller leads!
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12 March 2024 | 8 replies
These types of lenders are very specific and typically not from a traditional bank.
13 March 2024 | 19 replies
@Nancy BachetyCan't concur completely, Philip has a 7 figure problem he would benefit in countless ways using professional services but you are right most traditional advisors are not capable of helping in this situation.
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12 March 2024 | 29 replies
My wife and want to move away from the traditional ownership of small residential properties.
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12 March 2024 | 13 replies
@Hillary KlumppEquity is great for your personal residence but can you access it traditionally through conventional financing?
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12 March 2024 | 11 replies
AirBNB with a 30 day minimum lease term would get you what I think you're looking for.No interest in a traditional tenant?
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11 March 2024 | 1 reply
I had better luck with traditional business lines of credits with banks.
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11 March 2024 | 18 replies
Quote from @Christian Cortez: Best way to make your choice, get quotes for both and while doing so ask the vendors what are the pros and cons to each.