
10 March 2025 | 10 replies
Ideally, I'd want to know what your current cashflow is and what your projected cashflow is after refi.

25 February 2025 | 23 replies
They were so good I was exceeding my own projections.

20 February 2025 | 5 replies
He prioritizes deals with substantial margins, mitigating rate increases, and actively manages rehab costs to maximize profitability by being heavily involved in the process and GCing his own projects.

19 February 2025 | 10 replies
I'm a project manager and have a team of over 60 contractors that have all undergone a 5 step vetting process.

13 February 2025 | 6 replies
For a variety of reasons, including keeping this potential project "need-to-know" only right now, I want to get a ballpark estimate with full understanding that the goal posts could move in either direction as the project gets more discrete.

5 March 2025 | 8 replies
Then you present to the money:The purchase contractThe Rehab estimateThe comp package showing sales lst 6 months of same typeA breakdown of the financing, a term sheetAn estimation of close to close timeframe: Close the loan for purchase, rehab completed, listed for sale, close on the sale.An estimation on the cost of the entire project close to close a Calculation of their return on capital with a standard deviation calculated for imperfect exit - which is more of a normPresent all that to someone and now you bring a lot of value and you can even argue bring more to the table then just some dumb money.
6 March 2025 | 90 replies
Funding source ( off shore) Sued him and everyone associated with the project down to the janitor.

17 February 2025 | 4 replies
I'm not currently looking for a new project but I'm sure I know someone who is.Jayme

21 February 2025 | 0 replies
Benefits of the ATI ExemptionThe ATI exemption offers several key benefits:Reduced Tax Burden: By lowering the assessed value, property owners can significantly reduce their property tax bills, freeing up resources for other investments or operational expenses.Encourages Investment: For real estate investors, the exemption makes South Carolina a more attractive market by reducing the tax impact of property acquisitions.Substantial Tax Savings: The reduction in taxable value can lead to considerable property tax savings over time.Multi-Year Benefit: The exemption can apply for up to five years after the sale (based on SC revaluation cycles).Wide Applicability: It’s available for various types of properties, including multi-family projects, commercial properties, and even vacant land for development.Who is Eligible for the ATI Exemption?

8 March 2025 | 21 replies
If you are handy, and want to take on this project as a rent to own home, then I’ll sell it to you for $165,000 and as you fix it up and if it appraises for higher than that, then you can still buy it for $165,000 even if it appraises for $20,000 or $30,000 more than that.