
19 September 2024 | 0 replies
Purchase price: $600,000 Cash invested: $680,000We purchased a family compound with 5 houses on the property.

19 September 2024 | 0 replies
Purchase price: $280,000 Cash invested: $580,000 We purchase a family compound with 5 houses on the property.

18 September 2024 | 5 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

20 September 2024 | 12 replies
Given our higher insurance costs (usually 0.7% to 1.0% of purchase price as a rough guide -$291/mo on low end) and property taxes (typically between 0.5% and 0.7% of purchase price as a rough estimate -$208/mo on low end) that leaves only $1489 for Principle and Interest.

19 September 2024 | 4 replies
This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.

20 September 2024 | 23 replies
Hi, i'm looking to purchase multifamily apartments in the next few months ranging from 5-40 units.

18 September 2024 | 10 replies
Typically it takes sticking with one thing over the course of a long time to figure out the intricacies for that specific sector.Just my suggestion.

18 September 2024 | 15 replies
I am doing a loan in Pennsylvania right now (also no PPP allowed for a loan this size) and we are doing an 80LTV purchase at 6.76%.
17 September 2024 | 6 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?