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4 April 2024 | 38 replies
Quote from @Nicholas L.: @Andy WuBRRRR is a fine strategy, but it is not a cash flow strategy.
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1 April 2024 | 10 replies
Thanks for the reply, both you and @Nicholas L..
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1 April 2024 | 6 replies
If i was in your shoes I would do some secret shopping on a couple l new local condo projects.
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1 April 2024 | 1 reply
I've spoken with him on what we're seeing from a legal DD, and he handles more of the P&L proforma side
2 April 2024 | 24 replies
There are three main types of residential financing out there.Agency loans: Conventional, FHA, VA and USDANonQM loans: DSCR, 1099, Bank Statement, P&L, Asset utilization etc HML/PML: Bridge, fix/flipMost investors who are looking to do value add go with a HML/PML as the lender only cares if the deal makes sense (Is there ample equity in the deal if the investor cannot complete the project, will the value be supported after the project is complete).
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1 April 2024 | 6 replies
Due to the time constraints, you would need a pretty competent electrician, and plumber.I'm not sure what the cost would be, but it might be an additional option l.
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1 April 2024 | 48 replies
Quote from @Nicholas L.: I like @Caroline Gerardo's estimatesa lot will depend on the exact size of the rooms - larger bathroom = higher rehab amount etc.when i hear people saying a 'rehab' for 20K or even 30K I don't know what they meanclean-out, paint, carpet, floor and appliances you're looking at 15K right there - you start adding kitchen, bathroom(s), electrical and you go way upand then there's landscaping, decks, driveways.....it adds up single story 1960's Desoto 1790 square feet is my GUESS, he didn't say... so if larger add zeros
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30 March 2024 | 25 replies
JPMorgan Chase, Nationwide, Honda, L Brands, Huntington, and Amazon are just a few of the many companies that have thousands of jobs in the city.