Irving Rivera
Multi family investing in East Garfield Park
1 July 2024 | 9 replies
I have been to the property and neighborhood and can confirm there is a fair amount of investment activity taking place.
Jon Delarosa
Taxes in Operating Expenses
3 July 2024 | 2 replies
Then subtract your debt service to get your cash flow.Income taxes will be taken out of your cash flow based on which income bracket you fall in.
Peter Zynko
Help with underwriting
3 July 2024 | 1 reply
cost: 1,300/mrunway: 4 months = 6,800spread: 1900all in cash: 138,800Income a year: 22800/y ÷ all in cash = coccoc: 16.43%seller sees offer: 250,000sub-to 120,000sell fin: 500 w/ 0% intrest term: 13.33 yearsdown: 50,000
Brandon White
Family Inherited a House, completely new and I really need a someone suggestion here.
3 July 2024 | 14 replies
If so, given everything you have described - another option might be to cash out of it and take the money and run.
Jaxon Wright
120ft tunnel carwash with 3 detail bays
4 July 2024 | 8 replies
Purchase price: $1,800,000 Cash invested: $960,000120ft tunnel carwash with 3 detail bays and an upstairs business office. rebranded the carwash business to match the same name and logo as two other carwashes and offered a joint monthly unlimited wash pass that was usable at any of the three wash sites!
Joey Morgan
Help with writing a "subject to" offer
3 July 2024 | 6 replies
This helps ensure the transaction progresses smoothly and in a timely manner.Earnest Money Deposit: Specify the amount of earnest money the buyer will deposit with the offer.
Luka Jozic
Does bi-weekly payments make sense in a cash-flow market?
29 June 2024 | 9 replies
That means in 21 years I will have a fully paid off property, and can now cash out refi and buy X more properties.
Blake Forrest
Finding a credible/reliable GC
2 July 2024 | 12 replies
The key is to have a detailed scope of work itemizing the materials and grade of materials to ensure that the contractor will complete the job for the original agreed amount.
Austin Mulhern
Issues getting 46k mortgage loan due to Self Employment
1 July 2024 | 5 replies
Is there anything else I can do other than buying cash?
Christian Roberts
How to remove seller's mortgage from DTI on a subject to deal
1 July 2024 | 22 replies
We will provide a letter stating that our entity has been making payments on loan number ## in the amount of $$$ for the last X years, on our letterhead.