
17 May 2016 | 15 replies
I have a BUNCH of bad / missing MH titles stuffed onto me by the bank / HUD seller.

14 May 2016 | 5 replies
Am I missing something or does she just not know what hard money lending is?
15 May 2016 | 5 replies
It looks good to me from these numbers shown, let me know if I forgot anything else I'm missing...thank you so much in advanced to anyone that has any input for me ...

14 May 2016 | 17 replies
The investor kept the loan in her name and missed 2 months if payments.

18 May 2016 | 5 replies
Unless I'm missing something, I can easily afford it but the problem might be getting the financing so I haven't looked into it yet.

25 May 2016 | 51 replies
When you move, please feel free to contact me so we can grab some coffee or a drink!
16 May 2016 | 2 replies
Monthly income from rent: $2,100Mortgage payment (20% down), taxes and insurance $1,210Vacancies 10%: $210 per monthManagement fee 10% $210Total Expenses $1,630Net operating income: $470 per monthA few things I would love feedback on: What am I missing in my analysis (how much % to put aside for repairs each month etc.)?

16 May 2016 | 1 reply
Assuming 6 months for the estimates bellow.Want to know if I am missing something ... advice welcomed.BTW - need hard money for this one if you have advice on this - welcome it is.Target purchase price: $230KARV: $360K (maybe a bit more)Acquisition estimate:Price: $230,000Closing cots (1%): $2,300My commission will be rolled into the deal (3%): -$6,900Total Acquisition cost: $225,500Repairs (it is a 3/2 with) 1488 sq ftKitchen Cabinets: $15,000Floors ( a descent ceramic): $4,000Painting and baseboard. $5,000 - inside + outsideWindows (10 windows): $10,000Light fixtures: $1,0002 baths (small baths): 6,000doors: 1 main door, 2 exterior doors and 5 interior doors: $2,000Driveway reseal, roof cleaning and elastomeric coating (flat concrete tile): $3,000garden and sprinklers (they appear to be OK but need minor tuneup): $3,000 - 8500 sq lot. mainly re-sod and some shrubs.a/c: $2,500Appliances: $3,000permits and inspections: $1,000we are looking for at 75 ARV hard money: $270KCarrying cost for 6 months: 13,500 at 10% interestUtilities for 6 months $1500.TOTAL COST: $294,400The sale:Expected sale price: $360,000 (on the lower end)Closing cost + commission: (5%) - i am the listing agent: $18000PROFIT: $46,100Inputs welcomed.Hard money lender welcomed.I have been a Broker for over 14 years, live in the neighborhood, know the market.