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12 June 2024 | 0 replies
Partner Driven financed the N Deerview Dr deal using its own capital, covering the $268,750 purchase price and $60,000 in renovation costs.
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12 June 2024 | 0 replies
Partner Driven financed the N Deerview Dr deal using its own capital, covering the $268,750 purchase price and $60,000 in renovation costs.
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11 June 2024 | 8 replies
AI will be able to construct homes at near zero cost.
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12 June 2024 | 11 replies
So our entry costs were minimal.We didn't have to put it on the MLS and paid the buyer's agent who found us through a Zillow ad.
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12 June 2024 | 4 replies
Rolling in repair costs is also achievable in both government and conventional financing.
12 June 2024 | 2 replies
Minutes away from Sanibel Island.Main house is a 3b/2ba renting for $2600Duplex on same lot is 4b/2ba split into two 2b/1ba collecting $1900 in rent EACH.Purchase price of home was $662,000 with closing costs wrapped in.
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12 June 2024 | 9 replies
What if it costs 20% to sell?
12 June 2024 | 3 replies
These loans are structured with a combination of a first mortgage from a conventional lender (typically covering 50% of the project costs), a second mortgage from a Certified Development Company (CDC) backed by the SBA (covering 40% of the costs), and a down payment from the borrower (typically 10%).Bridge Loans: Bridge loans are short-term financing solutions used to "bridge" the gap between the purchase of a new property and the sale of an existing property or the availability of permanent financing.
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11 June 2024 | 5 replies
I got an appraisal prior to starting and my numbers looks like this PP: 137kClosing costs:5kRenovation: 230kprojected holding costs: 26kARV: 620-650KEstimated rents: conservatively--> $4400/month.
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12 June 2024 | 6 replies
If you are looking to rehab, it is more efficient and cost-effective to rehab all units at the same time.