Jay Krietzman
How to present a deal to a lender/partner
4 April 2018 | 4 replies
The borrower and the asset itself.Borrower:Your credit (are you a trustworthy borrower), are you capitalized enough to float this project/ cover the debt, track record (borrower/ contractors experience).Asset:Comps (as-is & ARV), LTV metrics (lender can help verify these if you have questions), detailed budget and scope of work, tentative schedule, exit strategy.Of course any lender/ partner will dive in a little deeper after the initial pitch but if you have all of the above ready for your initial conversation it will go a long way in getting deals approved/ partners on board.
Suzan Hailey
Hello from Kansas/Missouri
4 April 2018 | 5 replies
Joseph, Mo area, but technically in Kansas.
Jonathon Lang
tenant screening applicant denial
14 November 2018 | 5 replies
Anybody can be arrested, it's the convictions that matter.Also, what are the details of the 2017 firearms charge.
Andy Rousch
Best cities for cash on cash ROI on buy and hold properties
10 April 2018 | 21 replies
Feel free to message me if you want more details.
Gabriel Benavidez
Good deal but All my savings?
3 April 2018 | 4 replies
Got any more details on the deal?
Mike Taravella
TO REFI OR NOT TO REFI THAT IS THE QUESTION
4 April 2018 | 6 replies
Below is the details of my properties:Property 1:Purchased in May 2016Original Purchase Price $63,000Remaining Mortgage: $28,000Current Market Value: $85,000LTV: (28,000/85,000)= 33%Property 2Purchased in November 2017Original Purchase Price: $100,000Remaining Mortgage: $84,000Current Market Value: $105,000 LTV: (84,000/105,000)= 80%Total Portfolio LTV= (110,000/190,000)= 58%Thanks in advance!
Kyle Grimm
Help Analyze Mobile Home Park! -rough numbers attached
5 April 2018 | 6 replies
Rough guess on the purchase price would be between $175k-$215k based off what you find in the detailed examination of the books.
Nate Barger
Guys, any advice or direction would be appreciated
4 April 2018 | 0 replies
If interested I will share more details.
Drew Eldridge
How would you handle this?
4 April 2018 | 5 replies
You really need to look at all the details, and determine what's the best option, as it's not a quick apples/apples.
Stefanie K.
Re Finance 2 Condo Units in Logan Square - <50% Owner Occupancy
4 April 2018 | 3 replies
PM for details if still needed.thanks,