20 April 2020 | 6 replies
I don't know any HMLs who are willing to take a second lien position behind a bank, nor do I know of any banks willing to take a second position behind an HML, so if you're borrowing all these funds from banks and/or HMLs the chances are it's not going to work.If that's not the case and you have 80% from something else, then trick is getting your numbers correct on the rehab/value add to boost the appraised value far enough where your "all in" costs (purchasing price + closing costs + rehab + carrying costs) are less than 80% of what you need to borrow to get all the money back out of the property.
1 January 2020 | 2 replies
I've read How to Win Friends and Influence People and Never Split the Difference, so hopefully I've picked up some skills from them.
6 May 2018 | 4 replies
I like the rental market in Lincoln as there are around 50,000 college students to help boost numbers and the unemployment is extremely low.
18 August 2016 | 1 reply
As well as give those a boost of positive vibes to help them push to get rid of their 9-5 if that is in fact their goal.
23 April 2016 | 9 replies
I used my credit cards to boost my cash to buy the last 2 houses cash so I can get the best deal for me.
27 April 2016 | 18 replies
That has a huge influence on what areas are hot or not...
3 September 2018 | 16 replies
Daniel-I am predominantly limiting my scope to markets where I have more intimate knowledge of opportunities and contacts that could help me boost my bottom line.
1 June 2018 | 17 replies
. - I try to achieve a 15% cash-on-cash return but will go as low as 12% if the property has some improvements, or if I see the chance for value add to increase rents to boost my return.
3 April 2018 | 11 replies
Having an industry that is unique to the area will drive many tourist and boost to the local economy.
6 November 2019 | 17 replies
Like anything else in order to draw influence you must add tons of value.