David Beard
Post Frame Home Construction
4 December 2019 | 50 replies
Financial: * Targeted profit margin = 18-20% of sales (about average profit margin for new residential construction) * Time to build = 45-60 days (hard to believe, I know, but the builder has done it multiple times); this velocity is how ROI is maximized* Thus investment capital can be turned 4 times per year.* Buyers are pre-screened, so 2-3 mths from start of build to final close (2 mths for FHA or Fannie financing, 3 mths for USDA financing, which has an extra underwriting step) * Many buyers can utilize zero down USDA financing in targeted rural areas, and can have household income up to 82k for families up to 4, and 100k for families of 5 (income limits for our area) * Targeted sales prices for various models will be $135-170k
Phil Damjanovic
Need advice on an owner finance offer
11 November 2013 | 20 replies
For me, it just comes down to the velocity of my money.
David Roberts
Bulk packages from Institutions and private sources
17 October 2015 | 14 replies
Sometimes called Velocity.
Peter Lambert
Real Estate Note - Borrower constantly late, ideas?
10 January 2014 | 69 replies
As a lender, you generally want to maintain a high velocity of your money at a high interest rate, and you are not doing either.
Taylor Green
How much capital needed to be equity partner for fix and flip?
24 August 2013 | 9 replies
He/she is extremely reputable (even more important) Depending on where you are lending and the experience level of the flipper and velocity of deals, and investor could have minimums from 5K to 50K or more.
Taylor Green
Definition of 'velocity'?
3 September 2013 | 4 replies
Anyways, I have seen a couple posts mentioning 'the velocity of the market' is what makes a good house flipping location.
Nathan Babcock
new member in East Tennessee!
6 September 2013 | 2 replies
No doubt some beautiful mountain scenery nearby.Given that you're a contractor and already know how to inspect homes and put together accurate rehab estimates, if I were you I would think "velocity of money" at this point and focus on wholesaling and rehabbing.
Jon Klaus
Commissions on the sell side
13 May 2015 | 9 replies
VELOCITY while maintaining the best margins is key in this business.
ROBERT DEHAVEN
First Rehab Deal - Twin Cities
27 February 2013 | 1 reply
I would do deals like those all day long if you are driven to turn up the velocity with experience and take 4-6 months down to 1-2 aiming for 15K+ per deal.
Kerry Smith
What would you do...? (Advice Welcome)
18 February 2014 | 8 replies
But from a numbers standpoint, I'm quite certain you could find a higher rate of return (Compound Interest), put your capital to work harder (Leverage), create additional tax savings (Taxes), & to put even more money back in your pocket quicker (Velocity).