
4 July 2018 | 13 replies
Happy to help with additional input or get on the phone if that helps.

29 June 2018 | 3 replies
Features offered (some just offer lists/data, others offer additional tools)6.
28 June 2018 | 3 replies
Additionally, I would make sure you still have a mortgage contingency clause in the contract in case the funding falls through.

6 August 2018 | 16 replies
For single family I would look in Bergen County zoned for good schools, something that needs work and you can force appreciation through reno or addition.

13 November 2018 | 14 replies
In the event of a slight downturn it would be safe to build additional vacancy losses or rent reductions into your pro-forma so that your property still cash flows well. 2.

28 June 2018 | 1 reply
From what I've learned when you cash-out your equity like this, you are going to pay an additional 1% over the normal rates.

6 July 2018 | 18 replies
I'm trying to get one of these Finance right now and it seems like the lenders are asking for an additional 10% down because it's multifamily is that your experience as well

9 July 2018 | 8 replies
Also, note that that is in addition to the $450-$550 per unit in repair and maintenance each year.

3 July 2018 | 29 replies
Additionally, the property itself won't put stress on you as long as it is continually producing positive cash flow.

5 July 2018 | 19 replies
It was fixed and just closed on 6/14/18 for $759,000.Breakdown/Deal Numbers:Acquisition Costs (AC): $525,000- Purchase Price: $510,000- Closing Costs: $15,000 (hard money points and fees based on $408,000 loan amount)Rehab Costs (RC): $80,000Monthly Mortgage costs: ($2890 per month for 6 months = $17,340)- Utilities: $600Selling Costs: 2.5% (as a Broker I listed the home myself and saved the other 2.5%) Sales Price (SP) $759,000 closed 6/14/18- Commissions to Selling Agent: $18,975-Selling costs (property taxes, title, escrow, etc) $8,000Total Net Profit: $109,085 – Taxes & Any Additional Selling Costs- $759,000(SP) - $26,975(SC) - $17,940(HC) - $80,000(RC) - $525,000(AC) = $109,085Before:After:Thank you for reading.