17 May 2018 | 4 replies
Had you done an inspection and found the problem you could have had the seller fix it or renegotiate the price.
17 May 2018 | 5 replies
Hi everyone - I've found an off-market deal that fits what I'm looking for but the seller doesn't have a property to do a 1031 exchange on yet so he's not quite ready.
20 May 2018 | 5 replies
. - I wanted to be able to pre-screen some of the "tire-Kickers" and create a bit of a funnel for the most motivated sellers who would obviously listen to the message and decide to leave their info. - Even though it goes straight to voicemail, Godaddy still captures the number that calls and I can further market to them if they dont leave a voicemail.
18 May 2018 | 3 replies
it's the same bottom line to a seller.
17 May 2018 | 1 reply
Finally, I would learn how to send out offers to owners properly so interested sellers can call you wanting to get deals done, Gabrielle.Happy to help further.
14 July 2019 | 9 replies
That way, interested sellers can call me and we can work on a deal.It's a numbers game, John.
18 May 2018 | 9 replies
Below are the details:Ask Price: $2,595,00025% DP: $648,750Monthly P&I (30 Year Amor @ 6%): -$12,897.15Annualized Market Pro Forma NumbersPro forma Rents (24, 2/1 units at $995/month): $286,560GOI with Vac/Cred at 8%: -$24,357.60Pro forma Expenses at 30%: -$85,968.00NOI: $176,234.40P&I: -$154,765.80Cash on Cash Return: $21,468.60Deal MetricsCap Rate: 6.79%Debt Coverage Ratio: 1.14Cash on Cash Return: 3.31%Cost Per Door: $108,125Adjust Rent/Price Ratio (per door basis): 0.9202%My MFH investing education is still on-going, but it looks like the seller is trying to sell this as a stabilized asset.
20 May 2018 | 12 replies
You may also want to consider the rehab loans besides the 203k loan, its a great product but it can be a bit more complicated than other rehab options and in the hotter areas your offer with a 203k loan ay not look as attractive to a potential seller.
17 May 2018 | 2 replies
Use them for a deal when the seller is using a realtor so they have a reason to want to help you. 2.
23 May 2018 | 9 replies
A property selling at $550,000 might really be valued to you at $480,000, and you can justify your offer to the seller based on the numbers.