What is your draw fee & benchmarks for the repairs portion of the borrowed money?

What is your draw fee & benchmarks for the repairs portion of the borrowed money?

.- Can't see a Senior-Only complex allowing Short-Term-Rentals (STR).If so, SELL.2) What is the history of Association Fee increases and how well capitalized is the Association for future repairs?

start with a house hack. 

Showing houses 30 minutes at a time counts.

.: Hi There, I am calculating the cash on cash return of my house.

Typlcally, a lender is going to lend 75% - 90% of the Cost of the project (property price plus rehab cost (scope of work)) or 70% - 75% of the ARV (As Repaired (as completed) Value).

I put $6000 into repairs, mostly paint, new light fixtures, new appliances, painting cabinets and fix a small leak coming from the roof.

3) If their handyman can't handle a repair issue and they have to hire outside contractors, many PMC's will then charge a markup for their time - but they don't tell you this upfront or disclose in their management contract.

Any repair issues the new acquisition has you will feel to much greater magnitude due to the property carrying a lot of debt.