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20 March 2024 | 4 replies
Happy to point you in the right direction, I've worked with different types of lenders and you just have to find someone that understands your scenario.
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21 March 2024 | 10 replies
From what I see in your post, the only issue thus far is expecting 20% down on an undesirable collateral type to most lenders...Cheers!
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20 March 2024 | 9 replies
I don’t know what to look up or what to type when it comes to understanding how each city is doing when it comes to RE and/or what to look for.
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20 March 2024 | 0 replies
What made you interested in investing in this type of deal?
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20 March 2024 | 3 replies
Unless you are rather experienced with this type of damage, it may be hard for you to tell the extent of damage.
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20 March 2024 | 14 replies
They're more expensive but the underwrite is easier due to gross rents vs. having expense factors (like any type of normal commercial lender).
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21 March 2024 | 8 replies
You didn't specify if this were just one entity or you had many entities (i.e. what type of structure you have makes a difference in how they do the accounting) I would budget 2-4 hours a week under one structure & then add if you have multiple bank accounts / structures but not by much - maybe an extra hour to account for having to switch into different accounts / bank accounts.What's the advantage of a local bookkeeper vs virtual?
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20 March 2024 | 23 replies
Welcome.Make sure you take the time to understand Property Class types, so your expectations are aligned with the performance of these classes.
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20 March 2024 | 0 replies
Purchase price: $280,000 Cash invested: $100,000 BRRRR-STR | MTR What made you interested in investing in this type of deal?