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3 August 2013 | 10 replies
I was going to start a post about Jquery not pulling it's weight on iOS!
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9 July 2014 | 5 replies
Those numbers might look like: $175,000 note at 6-7% + $5,000 down payment, I/O payments during the reduced rent period (1 or 2 years), then revert to P&I payments for the remainder of the term.Wholesale: Are their investors who are willing to structure a deal like this?
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27 July 2014 | 5 replies
http://www.realestatetools.com/ They have iOS versions and look quite useful and nice.I am terribly sorry for this very long post.
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8 October 2015 | 58 replies
Doesn't work with Apple IOS.
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25 June 2014 | 73 replies
Construction Loan of 200k (250k rehab w/ 20% down)Rate 4.25% fixed for 5 years (ballon at 5 years)Amortized over 20 years I/O available for the full amount for 6 or 12 months to help with cash flow.
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30 June 2017 | 10 replies
There aren't really any banks wanting to write non-recourse loans, especially in the smaller commercial loan amount area or even investment SFRs.Currently working on a $600k multifamily purchase loan for some Canadian investors @ 60 LTV, 10%, 3 yr I/O, 12 month PPP.
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20 April 2014 | 3 replies
Have you used Zillow (iOS)?
1 January 2012 | 4 replies
And you need good financing. 12% interest only is not good. 5% fixed with 30 year amortization is.Rent: $600Expenses, capital, vacancy: $300 (assumes someone is getting paid for PM work)NOI: $30012% IO on $50K: $500Monthly loss: $20075% LTV, 30 year fixed, 5% loan on $30K: $121 P&I paymentCash flow: $179/month, $2148 a yearCash on cash return: 28.6%With today's low interest rates, you can afford to pay more.
17 January 2012 | 5 replies
(P&I = 386.00 / I/O =279.50) All in cost per month = 820.00Rent (Low) = 1,300Margin = 480 (36%)If you allocate 120 per month to deferred maintenance you still net 380ROR = 22%Year reserve = 1440 - will that cover your future property obligations?