24 June 2020 | 0 replies
My brother and I have been completed 3 flips with him however due to Coronavirus and other unforseen events none of them have sold yet.In the past our agent has offered for us to put our own liquid capital into the deal for a higher percentage but my brother and I feel it might be time to leverage our own asset so we can take higher profits on deals ourselves.
1 July 2020 | 32 replies
It's a bit more complicated when it's not in your own back-yard, but can be done.If you're willing to relocate, you can hack a 2-4 unit building using an owner-occupant loan and get a high percentage of the deal financed.
2 July 2020 | 19 replies
That's less that a fraction of a percentage where M2M was an advantage to me.
25 June 2020 | 4 replies
Was just wondering if there was a general percentage I could use to calculate property insurance and taxes when running numbers on a rental property or if there are websites I can utilize?
6 January 2021 | 9 replies
Cash flow and thus valuation should increase significantly and I'm expecting to see that begin to bear fruit in the first few months of 2021.I've discovered that the valuation of each individual condo and the low percentage of owner-occupants means that these units are not freddie mac warrantable so I'm looking for creative financing ideas or independent investors to work with.Thoughts and ideas are appreciated!
26 June 2020 | 4 replies
Again it usually starts as a percentage of the building limit.
25 July 2020 | 14 replies
For example, an American lease allows shorter notice for move out and don’t require painting or thorough cleaning upon move out so so there’s higher vacancy/turnover percentage built into our calculations.
29 June 2020 | 65 replies
It's awesome that they received a merit badge in pottery making while in prison, but it's foolish to risk your investment on fanciful trust that they are part of the small percentage of people who turned their life around while incarcerated.
30 June 2020 | 10 replies
Make the agreement that you will repair and put on market and leave on market until it sells.If the property is free and clear then: Make the note equal to their price plus a percentage of the net proceeds of sale minus your expense to rehab.
27 June 2020 | 4 replies
The PM costs for the upper tiered/paid plans are covered by that percentage if I needed them but I will re work it.I'll be talking with my lender this morning about options including non occupied option/refi.