A lot of the time they cut the GC a discount too, so it might even be the same price to have a GC without even counting in being taken advantage of and the added carrying costs.

You focusing on the 1% rule and CAP rate is just what I was looking for, adding to the essentials list now!

So I ran all the numbers from everything like the material cost to property tax and I'm getting a cash flow that is good, But I'm scared that I am forgetting something or not adding something and that the moment I buy into something it's going to go south.

Hi all,

I understand that every leader is different but are there options for extending a commercial loan? I’m working on a project and the 12 month term is about to end in approx 3 months. We probably need an addit...

I imagine the loan amount is what is causing you initial stumbling blocks. $50K is the minimum criteria on the lower side with most lenders.

If you don't have much money to start, try driving for dollars, putting out bandit signs, and some other more time-extensive/cheaper methods.

Owner's sister used to live a few blocks away but moved to Cincy. 

I also have one similar property with light rehab two blocks down that rents for $1600 a month.

We use the online rent payment system, the online application, the elease functionality, and the work order system extensively.

@Stephanie PotterCan you elaborate a little on why you added VA entitlement to the statement, are you talking about the 0% down part or is there something else that i may not know about.