Account Closed
How do you find financing?
29 November 2013 | 7 replies
Translated, that means for a house with a $200k ARV you can get a loan up to $160k.
Cody Gentry
Need your help on altering my business name
24 July 2014 | 7 replies
I thought I was pretty sure on the name but the more I keep looking at it the more I think it should be slightly altered.
Since i'm relatively new i'd like to remain a wholesaler for at least a year, and have my busi...
Dirk Richmond
Looking for cash out refinancing - 50%+ equity after loan.
16 November 2014 | 12 replies
Annual depreciation of $3000 translates to an adjustment of $250 to your rental income calculation.
William R Johnson
Utilities included in the the first 50%, using the 50% rule
25 October 2014 | 14 replies
From my reading of the 50% rule, I thought that some of the data that made up the rule included utilities and some did not, so depending if you are in an area in which the tenant pays utilities, you can alter the calculation.
Thomas Jones
Rooming Houses
1 February 2010 | 13 replies
That gives us the same $500 a month in cash flow.Gross Rent $4,500Expenses: $2,250NOI: $2,250Cash flow: $500Max payment: $1,750Max price: $263,038For the $900 units, that translates into $52,607 per unit.
Account Closed
8 unit analysis
4 February 2010 | 6 replies
If you paid $230K you'd be right at $100/unit/month, not counting the extra expense for heat.A seller second doesn't translate into 100% financing.
Cheryl C.
Refi on my primary: Is this a decent deal?
4 September 2011 | 10 replies
The no cost loans directly translate into a higher interest rate.
Austin Phillips
Best way to increase value
27 September 2011 | 18 replies
You have to alter the bedroom/bath ratio or add something to move the house up to what the $260k range.
Johnalyn H.
Fulton County Eviction
23 January 2014 | 11 replies
Usually you notify the judge of the default and go for granting of the dispossession.It depends on how the mediator wrote up the agreement.If you alter the agreement or accept partial payment instead of the payment amount listed they could make you start over.You can write a letter to the judge in unusually circumstances.Another one for you is after you get the writ the Marshall will call eventually.Whatever time you give them make sure you stick to it.They will not do a reschedule and you will need to start over again.If ti is raining on the day of the scheduled eviction then the marshal will reschedule a time to get the tenant out (few days maybe).Eviction court is only held certain days of the week in Fulton county.If you are unsure of something call in to dispossesory and they love to help but cannot give legal advice.
N.A N.A
Unusual Situation -- advice would be most appreciated
4 September 2008 | 30 replies
That translates into $20K or just over the equivalent of $10/hour.