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4 February 2017 | 20 replies
If you have masonry walls they can drill holes into mortar joints and inject from there.
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4 January 2016 | 59 replies
That potential compound profit will give me needed funds and leverage to support one flip a quarter in my area that can give me a huge injection of cash reserves.
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21 March 2017 | 14 replies
It can be an equity injection, but it will make the numbers work.
14 November 2016 | 6 replies
Keep your receipts and use the same bank account so you can show proof that you've paid them so they can count as a cash injected into your new project, or down payment for for your lender.
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8 April 2017 | 5 replies
Yeah that's a pipe dream.Even with 0% down you need tens of thousands for due diligence costs and then reserves post closing.Seller will usually not do zero down because if you stop paying and they have to foreclose they will be upside down spending money to get the property back and have to inject more capital to stabilize it and get it back to where it was before they sold it.Some seller financed stuff people read was from 5 years ago when the markets were frozen and sellers would do anything to not manage a property.
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23 January 2010 | 147 replies
Religion was never a part of this debate until you and Eddie injected it on a flawed premise.
20 October 2017 | 19 replies
As he pointed out seller generated contracts are usually trash, injecting prepayment penalties, limiting the use of property rights (even as granted under a lease) and more often that not clearly predatory.Trying to buy a CFD isn't for the faint of heart or the average note buyer. :)
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8 November 2022 | 7 replies
Use the math I posted earlier to help make your decision with your own timelines injected into your equations.
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30 December 2021 | 5 replies
Preliminary history: Land originally bought vacant and with no entitlements for $1,500,000 (free and clear).Entitlement planning costs: $250,000Construction Documents costs: $350,000Total All-In Expenditures so far: $2,100,000 (land + soft costs) After obtaining entitlements and general market appreciation, the value of land is indicated at roughly $2,500,000Basic Rough Math (not actual numbers): Cost of Construction: $10,000,000Market Cost of Land (free and clear): $2,500,000Total Project Cost: $12,500,000Financing Needed: $10,000,000 (assume all FFE, interest reserves, contingencies, hard costs, etc. are included)Financing Assumptions: Loan to Cost: 85% (SBA)Maximum LTC Loan Amount: .85*$12,500,000 = $10,625,000Equity Required: 15% = .15*$12,500,000 = $1,875,000 (Equity in land exceeds this)Actual LTC = $10,000,000/$12,500,000 = 80% Based on early conversations with a lender, they indicated a cash injection would still be required.
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10 May 2017 | 3 replies
I would receive the rehab project cost from him and he will self-fund the rehab and we will split the equity based on capital injected.