
12 March 2024 | 0 replies
You can't just browse online like you're swiping through a dating app and expect to find what you need.

12 March 2024 | 3 replies
You basically need to assign a value to all of the personal property (furniture, appliances, TVs, kitchen supplies, etc) inside the STR and they'll send you a tax bill based on the total.

13 March 2024 | 11 replies
So for a project that had a 100k purchase price and needed 70k in work, you'd only have to bring maybe 20k to the closing total, as compared to the 170k it would take with cash.These bridge loans do get called "cash" offers at times or are looked at as cash offers at times, but they are financing and they still do take 3 - 4 weeks to close, their are outfits who will close in 5 - 7 days but you will pay extra in origination for it.

12 March 2024 | 8 replies
If you go online to Otis, Schindler, or Thyssen Krupp you should be able to find the number of a local rep who can give you a solid ballpark number for your area.

12 March 2024 | 9 replies
Or depending on your total assets, including invested, qualify you on assets and credit alone.

13 March 2024 | 26 replies
Chad,I totally concur with Beth Johnson, co-author of Lend to Live: Earn Hassle-Free Passive Income in Real Estate with Private Money Lending published by BiggerPockets.

12 March 2024 | 8 replies
example: i was looking at a multifamily portfolio that was master-leased by a college. that master lease made the portfolio worth, on paper, 10x what each property would've been worth otherwise. it would've been crazy to pay the higher price, because if that master lease ends, i'd be totally screwed.

13 March 2024 | 23 replies
Property Premium = "Total Insurable Value (TIV)" divided by 100 x "PROPERTY RATE"GL Premium = "# of doors" x "GL RATE"Excess Premium = "# of doors" x "EXCESS RATE"

12 March 2024 | 10 replies
The combined value of the three rentals is $1,500,000, with remaining mortgages totaling $290,000 (with 12 years left), leaving me with $1,210,000 in equity.

12 March 2024 | 21 replies
After 6 years total of holding bad debt, they might be more flexible in negotiating.