Tony Blaine
Best Way To Provide Proof of Funds To Seller
2 June 2015 | 8 replies
Hello BP Team, i wanted to get your opinions on the best way to provide proof of funds to a seller and their broker when you are using private investor funds and hard money to purchase a Commercial property.For example, funds aren't necessarily in my personal bank account but instead the funds coming from different investors.
Maggaline Robinson
Tear Downs in the DMV
25 January 2017 | 13 replies
And Rehab Costs would be the cost to tear down and construct the new property, including all hard and soft costs that aren't factored into the Fixed Costs.For example, if I have a house that I can tear down and rebuild a 2000 sf property that would sell for $400K; it would cost $100/sf to tear down and rebuild; I'd have $50K in Fixed Costs; and I'd want a 20% profit on the resale price ($80K), my max purchase price for the tear down would be:MPP = $400K - $50K - $80K - $200K = $70KKeep in mind that the rehab costs must account for all of the following:- Site Planning- Zoning Approvals- Utility Installation- Permits/Impact Fees- Environmental Studies- Etc...If these costs aren't factored into the per-square-foot construction costs, you need to factor them in separately.
Matthew Nixon
A Macro View of the Private Lending Market and What it Means to Flippers
28 May 2015 | 0 replies
What type of ripple effect is this going to have on local lenders who aren't built to compete with the low rates of the investment giants?
Maggie Gasner
First rental- new or old?
1 June 2015 | 12 replies
Where can I find info on rental prices if there aren't any listed for rent?
Rollan Dizon
Investor from CA, Stress test my plan!!!
6 March 2016 | 27 replies
But be selective and buy quality over quantity.
Shaniqua Dupree
I can get this free!!!
12 June 2015 | 12 replies
I've never dabbled I'm converting business mobiles to residentialManufactured properties aren't built to code and in the same fashion as a stick built house.
Adam Johnson
Investor downsizing portfolio
3 June 2015 | 8 replies
BUT, if your goal is to get started and you aren't concerned with counting someone else's money, maybe you can meet with the person to see if you 2 would be a good fit to work together.
Tammy Vitale
umbrella insurance
29 May 2015 | 2 replies
- so far my own attempts aren't doing much besides no we can't help you.
Pedro Oliva
Direct mail campaign follow up?
12 June 2015 | 7 replies
Think about it - do you read mail like that which comes to your house if you aren't in the market for what they're selling?