Based in Santa Monica, focused on out-of-state markets with strong growth.Not here for sales pitches, just real connections, real deals, and real conversations.

Is this LTV based on ARV or the purchase price? 

My name is Khaled Seirafi based in California and I'm looking at potentially investing in a multifamily property in Phoenix.

However, they should be saavy enough to understand that the valuation of the house is based on what similar properties in the area over the past 6-12mo have sold for. 

But based on your prior posts it looks like you are doing the BRRRR method and you would probably rather have a higher LTC.

@Dustin Sanders Unfortunately, I will be shocked if you find this.  20% down is hanging on by a thread based on where rates are at and the general anxiety over declining real estate values.  20% down is the minimum I'm seeing. 

It's just a pass-through entity so the income would flow on to your personal and you would pay taxes based the tax bracket you fall in for you personal income (from my understanding).

I come from a decade of experience in sales, with a client base and network grounded in entrepeneurs, and executive/partners on Bay St (Canada's Wall St).

Hello @Christine Vasquez,Many investors choose real estate markets based on gut feelings or popular trends. 

The Newsweek story (link above) based its facts on RedFin data, specifically for the DC market in January when most of the government RIF news was speculation.