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12 January 2024 | 18 replies
I had started the process before I even bought them so I was able to refinance quickly after I closed (and got to take advantaged of the recent rate drops -- I'm at 6%)But the meat and potatoes (I'll use round numbers, but they're within a few %)The group was $5mI sold #4 for $1.5mMy Freddie loan was $3.5mSo I'm left being in the deal with no #.
22 July 2021 | 5 replies
@Ty OttaberryCan BP Pro be helpfulp for Wholesalers?
8 February 2024 | 19 replies
If you need any recommendations, please feel free to contact me at your convenience.
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24 April 2023 | 37 replies
I found this great site that now does everything automatically for me at https://turnoverbnb.com/I would interview 3 to 4 cleaners personally at the property.
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4 December 2023 | 77 replies
Commercial banker gave me these numbers for purchasing this local deal.Purchase price: 8.2mmSBA loan 15% down: 1.248mmProjected interest Rate: currently 7.02%Total Monthly Debt Service estimated: $53,465k ($641,580 per year)This does not leave much meat on the bone for cash flow and would be a max purchase price, but rates are variable and are expected to come down.
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5 March 2014 | 3 replies
She was across the crowd from me at the sale and I wasn’t able to get over to her before she had bought it or I would have at least showed her the picture I had taken on my drive by to be sure she knew what she was bidding on.
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10 April 2020 | 22 replies
@Sarah Doogle is there anything else you can add with some more meat on the bone?
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15 July 2009 | 24 replies
On th HUD, there will be no mention of fees or commissions.Thirdly, in my case, if current market conditions do not allow me to sell the option for a profit, or the lender does not agree to sell to the property to me at the purchase price, then I have the same listing agent keep marketing the property on behalf of the seller at the counter price the lender made plus commissions.
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23 June 2020 | 100 replies
You can email me at [EMAIL REMOVED]
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14 July 2016 | 8 replies
@Jeet SanghaThe more meat you leave on the bone, the higher the probability of an investor buying it.