
29 January 2020 | 7 replies
Its 5% down on 2-4 units on a fixed rate loan.https://sf.freddiemac.com/working-with-us/origination-underwriting/mortgage-products/home-possibleGo toward the bottom of the page and click on Home Possible Factsheet.

27 January 2020 | 2 replies
With only $10k of investment, I'd counsel you to go with the FHA 203k route because the loan product only requires 3.5% down payment and you can finance 100% of the renovation budget.

28 January 2020 | 7 replies
Not only will you meet with investors, but you will also gain product knowledge and learn about different fields of real estate.

6 February 2020 | 6 replies
You will also find Construction Management software built specifically for homebuilders and remodelers like BuilderTrend & Co-Construct.Podio, AirTable or SmartSheet could also be a good solution because they are very customizable, but will take some work to get up and running.Here's a summary of other products you might want to consider for project management below:General Business Task ManagementTrello/Zoho Projects/Basecamp/Workflow - Feature-rich project management software that includes Tasks, Gantt scheduling, calendars, project forums, document storage & team collaboration tools.

6 February 2020 | 2 replies
From Tellus's website I can't tell how their loan product works.

29 January 2020 | 6 replies
If you can rent 18 units for $750 thats $162k per year gross - expenses $81k = $81k NOI if CAP rates are 6.5 for this type of product in your area thats $1.25 million roughly so you would want to buy and renovate the property for 65%-70% of that value which is $872k plus or minus.

29 January 2020 | 65 replies
@Jason Allen I have never spent $ on any of his products!

4 February 2020 | 6 replies
There are a ton of lenders out there pretty much offering the same products so find the one (or the few) that you are most comfortable with and depending on the details of your deal know which of your lenders are best suited to handle that deal in particular based on their criteria

1 February 2020 | 15 replies
If you need commercial financing, there is plenty out there, particularly commercial financing that's based on the property's cash flow rather than your income.Banks and Credit Unions are the first place to look, but commercial brokers are out there as well with some innovative products.

2 February 2020 | 4 replies
Your intent must have been to hold that property for productive use.