
30 July 2024 | 1 reply
During inspections we were able to negotiate a $17,000 seller credit.

30 July 2024 | 1 reply
Names are not given.1) Credit score less than 650 with 24 derogatory marks.

29 July 2024 | 9 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
30 July 2024 | 7 replies
You can possibly do a HELOC with a local CU, at 90% CLTV and get a credit line of $40k.

31 July 2024 | 20 replies
I specifically want to expand on Chris's point by discussing capital risk buckets, which help set a target return range for IRR.At my company, they are as follows:Core: Lowest risk, Class A product, in Central Business Districts, ranging from 7-10%+ levered IRR (since you're in development, I assume this is most of the asset class you handle).Core Plus: Still low risk, strong location with potential upside, 10-13% levered IRR.Value Add: Medium-high risk, Class B+ or B-, mediocre to strong location with operational or physical upside, 13-15% levered IRR.Opportunistic: Highest risk, major upside potential, varying locations, 15-20% levered IRR.As for the GP/LP split on promoted interest, GPs can choose an aggressive split, but the decision should be strategic and consider the preferences and risk tolerances of potential investors.

30 July 2024 | 19 replies
Consider 401k loans and 0% interest for a year credit card loans too.

30 July 2024 | 24 replies
Good luck in Real Estate and perform full background/credit checks with your prospect tenants.

29 July 2024 | 16 replies
You get no credit for income either.

30 July 2024 | 4 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

29 July 2024 | 2 replies
Also, my credit is not the greatest (mid 600's).