Your example probably took place many years ago when the market was more balanced and deals were more plentiful.3.

Proforma GOI (market): $120K ($1K/month)NOI: $78KCAP: 5.6ARV: $1,392,857Refinance 70% LTV: $975K loan amount less $560K balance = cash out at $415,000. $415K less rehab costs at $200K (20K/unit) = NET $215KYou would pay a % of the future value in this example, you certainly (and neither would he) wouldn't pay $1,392,857 for an asset generating $75K per annum, understanding that the value therein would be offered at a 3.2 CAP.

I'd be happy to discuss mortgage solutions that can help you grow your business and achieve your investment goals.Feel free to reach out if you have any more questions or need further assistance.Best regards,Ty

I know that insurance has also become a problem in the state, but I'd imagine that an entire state isn't just going to become uninhabitable so eventually things will have to balance out with that.Do you guys think that with all the issues in Florida real estate market, that it would be a good time for a cash investor to get good deals?

A smoother process can also be achieved by cultivating a positive connection with the local housing authority.

Don't be house poor or you may be houseless when the next downmarket, job loss, recession, or stubborn leak shows itself.If anyone is looking for advice on small software companies, or agencies, or balancing a startup during a day job, I will try to reply or answer DMs as best possible.

Whether it's the interest rate spread, extensions, terms, or amount of stock needed, we can work something out that fits their needs.I've learned that the balancing test is important.

The deal highlighted the strength of our partnership with Susan and our commitment to achieving outstanding results through strategic investments.

The deal highlighted the strength of our partnership with Russell and our commitment to achieving outstanding results through strategic investments.

I'd think even where sub to or seller financing is most common, maybe the markets where it happens the most, maybe it achieves 2 or 3% max.The few times I see it in our area personally, is almost always on a 5-10 unit non-performing asset that someone can't get a loan on because of the debt coverage requirements.