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Results (10,000+)
Lorenzo L. First Single-Family Fix and Flip at 21 (NEED ADVICE)
10 December 2024 | 2 replies
If you are borrowing for renovations, you will likely have a draw fee in the $100-300 range per draw.Selling costs: biggest one is commissions.  
Seth Roland Advice on Getting a Lender/Financing
9 December 2024 | 24 replies
Hard Money typically funds 90% of the purchase price and 100% of the rehab on a draw schedule.
Mike Pepperday Tiny Homes - Western New York - Buffalo Area
9 December 2024 | 4 replies
Just curious if you mean that the tiny home itself is the draw, or the area in which the tiny home is located is the draw.
Christopher Warren Multifamily Mindset $40k ????
10 December 2024 | 26 replies
Maybe it can be a little cheaper on subsequent deals, if you aren't changing much.Loan apps: while you may be able to have some investor money funded before this is due, you may not.  
Trent Gulino Using a heloc to brrrr
9 December 2024 | 8 replies
Just crunch the numbers and ensure the terms work for your deal.Hard money typically funds up to 90% of the purchase price and 100% of the rehab costs on a draw schedule.
Matthew Kwan Rates being the FULL STORY?
8 December 2024 | 1 reply
By way of example, a lender may charge retainage, only release soft costs upon C/O, may limit loans to a set number of draws or only allow draws once a certain dollar amount of work has been completed.
Justin Boyd Raw land in small wine town
12 December 2024 | 10 replies
A festival that draws 250k people is pretty big time - are you sure about your numbers? 
Gerald Koonce Private Lending from Family Member
9 December 2024 | 2 replies
How would some of you guys go about drawing up a contract between us and the family member. 
Ugo O. Calculating ARV and the 70% rule
12 December 2024 | 7 replies
I got good at estimating renovation costs by making an initial estimate based on photos/walkthrough, drawing up a model like you see here, then once the project is finished, go to accounting, get the actual expense report for that property, and update the model.
Ian Krysztofiak Tenants want garbage disposal installed
6 December 2024 | 15 replies
A garbage disposal should be on a separate circuit, as they can draw a pretty decent Amp load.