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23 July 2024 | 10 replies
Than your twin can do the same and you can move into his and rent your unit out.
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22 July 2024 | 7 replies
From there you'll need to determine Debt Service (if it's a financed deal) and Capital Expenses, to then calculate Cash Flow.The Cash-on-Cash Return (CoCR) will just be Cash Flow divided by the All-In Investment (Purchase Price + Renovations + Closing Costs + Wholesale Fee).If you're wholesaling these deals, I recommend you aim to offer your buyers a Cash Flow of no less than $250/mo and a CoCR of 10% or higher.
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20 July 2024 | 5 replies
We manage 37 doors with that costs us a few dollars per door per month with no surcharge for ACH payments and we get next business day credit for those.
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26 July 2024 | 4 replies
I have a property that is dadu ready I have a heloc for 227,000 I want to build a dadu with the heloc money but I'm sure the cost is more than my heloc how do I get the rest of the money to finish the build so I could refi after to pay the heloc back could I get a construction loan for 100,000 to help finish the dadu?
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22 July 2024 | 9 replies
I'm considering a business loan of $35,000, with my credit score at 748.
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20 July 2024 | 10 replies
Neither of us have good credit.
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25 July 2024 | 5 replies
However, the condition of the property was much worse than anticipated, which prevented me from further negotiations.I have a rough estimate of the necessary repairs, but the challenge is that an investor might see this as either a full gut renovation or a moderately heavy project.
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22 July 2024 | 34 replies
It's about stopping the bleeding more than anything else.On Sun Via, same thing again, it's reducing the price until it sells.
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23 July 2024 | 51 replies
And Detroit has been historically stronger than Ohio from a cash flow perspective.
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23 July 2024 | 5 replies
We have other investments, good credit.