
17 December 2024 | 20 replies
We are about 2 of the 7 years into refinancing in the new interest rate levels.

17 December 2024 | 36 replies
. :-) Congrats on those deals I just have not wanted to take on hundreds of investors.. my one I did we raised half the one you mention ( 7.5 mil) with only 6 investors so On a very personal level with each..

11 December 2024 | 10 replies
Calling the appraiser to see what you can do to push it up a "C-Level" would be smart before doing any reno also, might only need a few things to make it far more valuable in the eyes of the bank.I've heard of a tactic for figuring out demand, which is to put up a dummy or coming soon listing on facebook marketplace and see the amount of activity you get on it.

9 December 2024 | 1 reply
It is in a northern MI Downtown area (opp zone) in a county seat with 2 hospitals, had it re-zoned to mixed use, and is considered blighted which makes it eligible for MEDC funding of up to 50% of project cost.It is 8k sqft (4,000 each level) with the lower level being a walkout (top level is street level with sloped drive down to the rear of the building).

19 December 2024 | 82 replies
.: Quote from @Colby Easterling: I did not reply earlier but yes, that is essentially my plan.At a high level the way I think about my finances is I need x to retire (my number is about 2.5 million).

11 December 2024 | 4 replies
Would we be able to spend $1k in aquisition costs to get to that level?

11 December 2024 | 5 replies
Homes that get more winter weather need a different level of upkeep, but nothing more than a regular home needs that is built for their specific area.

10 December 2024 | 25 replies
Again, others might feel differently here.3) property level due diligence: (takes seconds to weeks per deal): here is where I drill in with the low-level details.a) pro forma popping: I examine all the assumptions, and see if they are overoptimistic or not.

15 December 2024 | 25 replies
It takes a certain level of QB knowledge to set it up correctly.

13 December 2024 | 5 replies
If funds for the program are reduced or eliminated it would create a national housing crisis, so generally it just gets carried at about the same level each year.Yes, local governments run out of funds which is why they close their lists or the wait time is very long.