
4 April 2024 | 19 replies
Typically they will outline you the floor and ceiling on that rate to give you an idea that if rates drop, what's the min on it.

3 April 2024 | 10 replies
This method not only ensures efficient funding during construction but also minimizes interest payments, given that construction loans typically extend over 12-18 months with interest-only payments.After the first year, my expenditures are as follows:Land: $200,000Construction: $600,000Interest: $60,000Total Investment: $880,000Here's where it gets interesting.

3 April 2024 | 12 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
3 April 2024 | 4 replies
I was just comparing what your syndication would look like using the figures you mentioned with the typical US syndication and assumed that the returns would be lower.

3 April 2024 | 5 replies
If you talked to a direct/retail lender, their compensation is typically "baked" into the interest rate and is paid by the lender.
3 April 2024 | 6 replies
Hi Tom, Navigating the arrangement between your onsite manager, the third-party property management company, and your LLC can indeed be a bit complex, but it's essential to ensure everything is structured correctly for smooth operations.

1 April 2024 | 6 replies
and you'd get a hard money loan for the rest.and on the refinance - you can typically only get 70-75% out.
3 April 2024 | 3 replies
I’ve pondered buying a cheaper 100k rental cash to essentially fund a personal home mortgage if I could find one.

3 April 2024 | 0 replies
What are typical lending terms?

3 April 2024 | 3 replies
The local magistrate will typically hear cases involving local/municipal citations. 2.