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18 October 2018 | 10 replies
I have great contractors in my network but we Still bid out projects.
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13 October 2018 | 1 reply
I've dealt with some of the companies doing owner occupied projects, but I don't think they're the right fit for knocking out a rehab/rent property.
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13 October 2018 | 0 replies
This type of project is happening a lot in DC, so I am hoping someone has recently done this an can let us know how much it cost.
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13 October 2018 | 0 replies
It is in a 350k neighborhood, we are closing to wrapping up the rehab project (finger crossed).
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30 October 2018 | 13 replies
I’ve also detailed how I do BRRRR projects in KC if you look though my old posts.
13 October 2018 | 1 reply
See below for pro-forma returns300,000 12 lots average sales price of 25,000-175,000 payoff of principle125,000 after principle payoff-10,000 Less expenses115,000 Balance of net proceeds57,500 net proceeds (lot sales)split 50/5017,500 175,000 @10% for 12 months75,000 projected Investor proceedsThis is an estimated cash on cash return is 43% Where would you begin in evaluating this deal?
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22 October 2018 | 14 replies
Start with small projects.
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14 October 2018 | 1 reply
So, construction costs will be manageable, and we can oversee the project.
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17 October 2018 | 23 replies
There are massive zoning restrictions in the city where my property is, my property happen to be in an allowable area.
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13 October 2018 | 1 reply
Banks today will check your credit, and the higher your existing limits are, the less likely they're going to be to underwrite another one.and 2) your interest rate is going to be MASSIVE.