
27 January 2025 | 6 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases: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+ (roughly 5% probability of default), 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 (around 10% probability of default), 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.

22 January 2025 | 12 replies
Hi John,No cap on the amount of DSCR loans you can get.

22 January 2025 | 7 replies
How about a sales contract with contingencies but with a limit where the buyer can only terminate the contract if their find material defects exceeding a certain dollar amount.

28 January 2025 | 15 replies
The time and amount offered would not be negotiable.

19 February 2025 | 42 replies
If I remember he said 30 million dollars to pay back people that seemed to jsut disappered and now he is saying they doing a big real estate sale that will clear about same amount.

6 February 2025 | 42 replies
We also have a decent amount of breweries, UNC Charlotte, two lakes and the Catawba river, the White Water Center, major league football, soccer and basketball teams and minor league hockey, baseball and women's soccer league so there's always something to do. 3.

29 January 2025 | 21 replies
The “borrower” would have an option to buy back the property if (1) all lease payments (“mortgage payments”) have been made and the borrower/seller pays is the sale price/loan amount in full at the time the option period/note matures.

25 January 2025 | 17 replies
With the amount of support they provide I am not against settling for an 8/10 deal.

25 January 2025 | 6 replies
Analyze the property and determine what price you are willing to pay, then offer that amount.

27 January 2025 | 15 replies
And how much rehab ($ amount or $ of PP) are you comfortable with in your projects?