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18 July 2019 | 4 replies
Many capital improvements recently made to the property including new paved roads, Welcome Center with laundromat, and ADA compliant bathrooms.
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20 March 2017 | 21 replies
After you get the tenant buyer to be checked out by the RMLO, and you have a letter that says that if they pay down debt or increase their income or improve their FICO score over two years or whatever, they should be able to get a 3% FHA mortgage, you then have the tenant buyer deposit$$$$ into the title company or attorney’s office.8. 3% assignment fee to you9. first and last months rent to seller10.
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26 July 2015 | 14 replies
I think I would be willing to invest some money in improvements to instill a little confidence in a seller who might otherwise not be willing to take the risk in me.
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4 October 2015 | 31 replies
Mark and I finally agreed on an improvement plan today, which is why I haven't really started on much before today.Folks, I gotta tell you.
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28 July 2015 | 22 replies
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26 July 2015 | 5 replies
Wholesaling formula is 70% of after repair value minus repairs minus your feeYou might consider doing a joint venture with the seller where you buy subject to the existing financing, use private money for the repairs, give them a note for their equity after you subtract real estate commissions and closing costs repairs and your fee of 10,000
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4 February 2018 | 48 replies
No, but it, along with our improvements to the building envelop are starting to show lower turnovers.
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26 March 2016 | 13 replies
I'm looking for some guidance from some of the more experienced California flip investors in luxury homes to see if they might use a matrix or formula to plug in a set of rehab estimation numbers for a luxury rehab as they are initially looking into the potential of a project being an acquisition candidate before they actually walk the property.I can typically create an estimated improvement budget for almost any commercial property in both office and industrial for proforma purposes before visiting the property, but residential is a new animal for me.
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24 July 2015 | 1 reply
I tend to stay away from C class and want to make sure this is the right property to improve.- Gratefully
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24 July 2015 | 2 replies
The community is improved upon, someone has affordable housing and the city gets payment for the taxes.