6 March 2019 | 41 replies
Hi @Laura YoergerTo do the hyperlink, hit the @ symbol and then the first few letters of the person's name.

25 January 2019 | 2 replies
Purchase Price: $1,410,000Financing: $1,125,000 assumed CD @ 5% interest only, 4 years remaining on term ($285,000 down payment @ 8% interest only, to match CD term of 4 years - privately raised)Income: $164,016 Monthly income breaks down as follows: 11 2-bedroom units @ $795 each, 6 1-bedroom units @ $695 each, 1 studio @ $541 each, 12 garage stalls @ $50 each, ~$200/mth laundry incomeVacancy (5%): $8,201Gross Income (after vacancy): $155,815Taxes: $18,000Insurance: $7,000Maintenance/Repairs (3.65%): $6,000Utilities: $17,000Property Management: $18,144 (1/3 first month's rent for each unit + 8.75% management fee)Total Expenses: $66,144Net Income: $89,671Debt Service: $79,450 (this accounts for 5% interest only CD/8% interest only down payment)Total Cash Flow before Value-Add: $10,221DSCR: 1.13Purchase Cap Rate: 6.4%All units are currently under-rented, and they should only require very light cosmetic work to turn.

6 November 2018 | 43 replies
I have a business partner with whom we have to match our investments to keep everything 50/50. 3.

7 November 2018 | 7 replies
Hello,So I am looking for a multifamily home in the Tampa/St. Pete area that is under $220k. I am doing a VA loan, so I have to live in the property. The goal is to house hack the home. My parent will also be living w...

8 November 2018 | 27 replies
Hey Joe, I found a FSBO that matches your criteria, I called the owner, they aren't paying a buyers commission so you would be responsible for that when it closes.

4 November 2018 | 9 replies
We built 36 and the 52 most of the southern states we could not match that number .

23 November 2018 | 12 replies
He stopped because too many lawsuits by disgruntled renters who couldn’t get their finances together to exercise the purchase option, and/or people who agreed to prices in the beginning that didn’t match market values later, and sued despite the fact they signed a contract that specifically stated market values could change etc.

6 November 2018 | 6 replies
You can always shop for rates after you ratify the contract but give that loan officer a chance to match.

21 November 2018 | 18 replies
She broke her lease and she ran the oil completely dry (I have a matching policy in my lease), I did collect a $700 security deposit.

6 November 2018 | 9 replies
I filed with the county to have the tax basis match the acquisition price and it was approved recently, saving me roughly $5,000 in this year tax bill.