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17 September 2024 | 14 replies
It's got everything from $250K townhomes to $5 million mansions and great rental histories.
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13 September 2024 | 2 replies
So all in I am at $240,300 , hard money I am factoring in as 15% rate and since I’m borrowing 840k for let’s say 6 months , I’m factoring in hard money costs at 63k for 6 months So now all in I’m at $303,300 ARV should be at least $1.3 million (conservatively) I would cash out refi with a dscr loan and get back 975k , I would pay the $840k I owe to the hard money lenders , leaving me with 135k , and I would pay myself back with that money , and since I would have $303,300 invested , I would pay back 135k to myself leaving me with $168k invested in the house with a equity position of $325k , the actual house number are such after the cash out refinance: This house has 2 units and 3 accessory units Mortgage : $7100Heloc payment : $1300Total = $8400Live in 1st floor Rental income 2nd floor : $30003rd floor: $1500Accessory unit 1 :1200Accessory unit 2 $1200Income : $6900 Net : negative $1200I also already have a house that’s breaking even , but I’m living in one unit and if I move out that house would become positive $1500 which I can put toward the payment of one of the other houses .
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13 September 2024 | 61 replies
That's for those with a net worth of more than $100 million.
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13 September 2024 | 6 replies
Some of the top neighborhoods closer to downtown Tampa and downtown St Petersburg include:South Tampa - 33629, 33611, 33609, 33616 (there is potential to get homes under $500k here but prices go up to $1 million+).
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12 September 2024 | 23 replies
Not many thought a $3 million property was the best first investment.
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12 September 2024 | 27 replies
Of the cases pending in Lee County, there is an active case, whereby the Plaintiff is alleging approximately 5 million dollars against Blacktip, and one alleging $150,000.There may be more cases, judgments, or settlement agreements that we are unaware of.
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20 September 2024 | 114 replies
So, IF investing in real estate is something you thing you could get excited about; looking forward to each new day as an opportunity to “make a million $”, then you should pursue it and not be discouraged.
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10 September 2024 | 10 replies
If you have any questions around how we strategically marketed our cabin to fetch top dollar, please feel free to reach out.
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9 September 2024 | 52 replies
A rough back-of-the-napkin calculation yields about $3.2 million in available equity across the entire portfolio.
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13 September 2024 | 5 replies
Very strange, seems like if it's true its one in a million.