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7 July 2021 | 13 replies
After refinancing, initial investment amount paid back with a 25% equity holding for the life of the property (meaning they receive 25% of the cash flow after all expenses/reserves for vacancy, maintenance, capex, etc. and/or 25% of profits when property is sold)2) When executing the BRRRR strategy, ideally 100%+ of cash invested is returned after a refinance, but I've seen a lot of investors still may end up leaving some money in the property (~$5,000).
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13 July 2021 | 6 replies
Again, final payment will all depend on taxes and insurance expenses for the exact property, but gives you an idea of what a lender would be able to do.Keep in mind that a Lender can only use what you have listed on your taxes (Schedule E).
14 July 2021 | 23 replies
I get this isn't ideal but it's reality, you have massive PM issues, transactional issues, you need a few professionals immediately.
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2 January 2022 | 10 replies
Each transaction is categorized and summed for each year and so all I need to do is copy the number from my spreadsheets when filling out my Schedule E at year-end.
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7 July 2021 | 4 replies
I am a rising sophomore and my goal is to ideally get a small multifamily in the Austin area by my senior year.
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7 July 2021 | 4 replies
@Katia E CarmonaI think you are pretty stuck...
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15 July 2021 | 19 replies
And the home would be rented fairly quickly ideally, shouldn't have too much time vacant based on our current rental market.
14 July 2021 | 5 replies
Laundry room with washer an dryers( ideal but would this make the apartment less appealing to tenants )3.
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7 July 2021 | 0 replies
For me, at the beach today, wiring funds and e-signing on my phone.