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13 November 2013 | 3 replies
Not only is it like $20M (purely from my questionable memory) plus, the investor has to show past experience managing a portfolio of that size, and must keep them as rentals for a certain amount of time.
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2 December 2013 | 5 replies
You can create your own chart of accounts in QB so you can track everything.
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15 November 2013 | 6 replies
Are the gutters even in the right location for water drainage and the adequate size??
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20 November 2013 | 3 replies
There are lots of charts and statistics that show how much more efficient Low E and argon filled windows are, but like Dev says it would be difficult to quantify actual savings over the long term.Check your local building codes though.
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18 November 2013 | 1 reply
I have a decent sized IRA in which I have bought one property, and likely a second one within the next couple of weeks.
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21 November 2013 | 7 replies
What you do there is find properties "most like" what you have in terms of size, location, building square foot, building type ect.
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20 November 2013 | 8 replies
I do put size restrictions although I really have nothing against big dogs.
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20 November 2013 | 1 reply
What type of loan size are you asking about?
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10 December 2013 | 4 replies
There are adjustments for size difference vs. the comps, but they're much smaller than the average per square foot sales price.If you end up spending a total of $43K for purchase plus rehab and sell for $53K, the profit might be $5,000.
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30 March 2015 | 23 replies
@Jon Holdman and @Daniel DietzThere are 2 types a DSCR a commercial lender will look at.A DSCR on the property your looking to acquire, in the current economy 1.20:1 is typical, but this will change based upon loan size and economy. 1:1 was actually common pre crash.And what is called a Global DSCR, which includes, all forms of income, and all forms of debt, personally and corporate (if you have corps).1.20:1 is what my banks wants me to show for both.I actually have the exact spreadsheets he uses.