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26 November 2024 | 2 replies
.🔴 Overly optimistic projections: Unrealistic ARV (after-repair value) or underestimated rehab costs can signal poor planning—or worse, a lack of transparency.🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.
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27 November 2024 | 16 replies
I've heard reliable reviews on this company and was optimistic I would be able to trust them.
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26 November 2024 | 18 replies
And yes, sad that cash flow seems to be an elusive reality right now, but I'm optimistic that it will be a possibility in the future.
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10 December 2024 | 100 replies
So COGS would be $1,500 per deal.As for overhead, let’s say that you’re optimistic, and that overhead is $1,000/deal - figure lots of marketing, especially in the early years.
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20 November 2024 | 6 replies
Here’s some helpful info we picked up along the way.If you want to live close to Uptown – maybe because you work there or love having lots of options for dining, bars, coffee shops, and more – consider areas like NoDa, Plaza Midwood, South End, Villa Heights, and Optimist Park.
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18 November 2024 | 9 replies
Still, IÂ think your numbers are quite optimistic.
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19 November 2024 | 24 replies
 - just as it is possible to be overly optimistic on ARV, the same can, and often does, it can happen at the rent that can be obtained. Â
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15 November 2024 | 15 replies
I'd in the month that it takes to actually get an offer and the additional month it takes to close. 90 days is too optimistic.Â
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13 November 2024 | 22 replies
I am not optimistic about the future prospects.
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7 November 2024 | 51 replies
They told me "So far still overall optimistic, but of course not without its hurdles.