Johnny Lynum
Multifamily vs. Single-Family—What’s Your Take?
17 January 2025 | 20 replies
It allows you to take advantage of a low down payment loan.
Stepan Hedz
Scaling a Distressed Property Portfolio: Strategies for High-Volume Investors
30 January 2025 | 0 replies
Structuring Financing for Volume-Based InvestingTraditional financing methods like hard money loans work well for single properties but can be less efficient when you're scaling up.
Benjamin Bieber
Rent to Retirement
30 January 2025 | 2 replies
We also have many unique buyer incentives where an investor can get up to a 10% price reduction to come into immediate equity, or get that 10% as a cash back at closing to reduce your down payment and increase your ROI, or buy rates down into the low 4s on 30yr loans to maximize cash flow.
Sergei Voyakin
Repaying a loan in stock vs cash
24 December 2024 | 2 replies
Any laws against repaying the loan in stocks instead of actual cash?
Travis Boyd
Seeking advice on potential first deal - off market 6 unit apartment
18 January 2025 | 6 replies
Do the math at a 6% loan rate.There's a reason many apartment buildings have been converted to condos and sold.
Max Martynenko
Investing in Ohio
19 January 2025 | 6 replies
Almost every realtor has several investors ready to invest at least $2 million in cash.If you’re planning to use hard money loans, agents won’t show properties without prior proof of funds.I’m curious, is this a general market trend in Ohio or just this particular realtor’s approach?
Charles Evans
New Landlord Advice
26 January 2025 | 5 replies
I toured the property when they were home and they asked me how the living situation was gonna work, which I explained that my loan said that I had to live on the property for a year, and the tenant next door was on a year lease & he was month to month... so he was going to have to leave.
James Polk
7 Bedroom Padsplit
28 January 2025 | 0 replies
Preforeclosure owner finance wrap, paid off the default payments and taxes with cash and assumed the owners loan.
Jeffrey Bourque
3 Unit Property in Upstate NY
30 January 2025 | 0 replies
Fully occupied rent total $2100 but long term tenants want to stay and rent increases and leases are agreeable to move total rent to $2300I am in middle of finalizing a transferable contract that I will sell for 85kseparate utilities and owner would pay water which averages at $200 month.NY so taxes are a bit high at $6300Property seem to be in sound shape with no majors lurking but I have not done a on site inspection yet.My evaluation sheet which consist of 20% down at 7.5% interest rate shows a 15%+ Cash on Cash starting on day one.GROUP LOAN AMOUNT$68,000.00PRICE$85,000.00INTEREST7.00%OWN PAYS MON$225.00TAXES YR$6,300.00DN PAYMENT PERCENT20.00%DN PAYMENT$17,000.00LOAN PAYMENT$452.41INSURANCE YR$1,600.00TOTAL RENT$2,300.00MAINTENENCE CAP EX11.00%$253.00ENTER DOLLAR AMOUNT ITEMS IN YELLOWVACANCY5.00%$115.00GREEN ITEMS ARE ADJUSTIBLE BASED ON MARKETS AND EVALINSURANCE5.80%$133.33TAXES22.83%$525.00PROPERTY MANAGEMENT12.00%$276.00OFFICE4.00%$92.00OWNER EXPENSE9.78%$225.00LOAN19.67%$452.41TOTAL EXPENSES90.08%$2,071.74MONTHLY CASHFLOW$228.26YR CASHFLOW$2,739.13YR RECOVER6.21CASH ON CASH %16.11%WHO WANTS TO BUY MY FIRST WHOLESALE PROPERTY?
Pranita Maldikar
[Calc Review] Help me analyze this deal
30 January 2025 | 4 replies
I am looking at different loan options but to break even (not having to put any money of my own in the house after the initial down payment) the current down payment required is that much.