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12 January 2022 | 5 replies
And I believe it only needs to be done once a year, you just need to pay estimated taxes in quarterly.
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13 January 2022 | 6 replies
We are looking to do a 30 year 3-4% interest bundle, current payoff is $260,000, Estimated Value is $495,000.
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15 January 2022 | 17 replies
Make sure you consider all the extra expenses that str properties have:third party software, supplies, county taxes and business licenses, utilities, internet, etc.and run the numbers to estimate what your cash flow will be in the high season and low season.
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12 January 2022 | 0 replies
Hey just running numbers and analyzing potential deals and looking for contractor and new home builder recommendations 🙌 I'm looking for trustworthy people that I can bounce ideas off of, get rough estimates from and network with to see if potential deals pencil thank you!!
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13 January 2022 | 3 replies
Whenever working with a lender, ask for a loan estimate to get a disclosure on all of your closing costs/fees.
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14 January 2022 | 2 replies
Example- 1b/1b 600 sqft listed at $109500No pictures of the inside, so I’m estimating rehab.Estimated purchase $75000Rehab $2500-10000Rent 650-850
17 January 2022 | 5 replies
How do you estimate the cost of a rehab?
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17 January 2022 | 9 replies
Next time research how to do it, estimate the time for someone without experience and with experience.
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23 March 2022 | 2 replies
I want to use this line of credit to fund the 20% down and Rehab of a property. the line of credit is estimated $418Kexample: multi-family house costs $700,000.0020% down payment is $140,000.00Rehab where possible, paint, new rugs, maybe new appliances to update the experience for the tenants. $10K -$15KMortgage loan estimate amount is $560,000.00-at some point I will need to get an updated appraisal of the property with the update value -After Appraisal assuming the updates improve the value of the property, I would refinance to a new loan.the new loan amount would need to be at Least $700,000.00 to cover the original loan amount and to allow me to repay my line of credit.is that correct?
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22 March 2022 | 10 replies
Not to mention I missed paying estimateds.