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16 November 2016 | 9 replies
I have done some reading on multi family and understand the economics form more of a 30,000 foot view currently.
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17 November 2016 | 1 reply
The program costed about 10 grand and we footed a couple extra thousand in simple upsells.
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20 November 2016 | 12 replies
One job i bid started all from footing to roof, client wanted to play GC of a 140k rehab job (he should or could, he is a busy architect), started to hire subs, next call he had framing, foundation, plumbing, and electrical open and A&E open, job is big enough and I said i'll send a quote, next call, only exterior framing, engineering and foundation open, simply said job is not enough to waste my time.
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18 November 2016 | 3 replies
I'm not sure what other builders are doing out there in regards to splitting profits, but we are the property owners and also the general contractor.As far as costs, What are the comps, if you are saying that newer homes are selling for $300-400K - what is that per square foot?
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17 November 2016 | 0 replies
Heres my plan :1)I want get my foot in the door by pulling out an FHA loan and owner occupying a multi family.
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17 November 2016 | 13 replies
85% LTV for SFR investment properties is doable (not 80%-75%), but rates are never all that great (you can however "get your foot in the door" at 85% LTV and refinance after it appreciates a bit). 75% LTV is kind of what lenders want for investment properties.
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16 September 2020 | 40 replies
if the insurance is also expired I would not let them step foot on the property until the insurance is up to date.
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25 November 2016 | 7 replies
Then I looked at all 60 zip codes and analyzed the lease price per square foot and cost per square foot and worked backwards to find out several zip codes to watch for multifamily properties.
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26 November 2016 | 7 replies
I work in the IT field and have been interested in real estate for the past 5 years but didn't know enough about it and how to get my foot in the door.
23 November 2016 | 5 replies
Cure of back payments: $30,523.54Closing Cost : 600 (or less)Outstanding Principle Balance: $ 237,355.83Original Principle Balance: $245,113.00Mortgage (PITI) $ 1175.89Rentometer estimate: $1695-1700Interest Rate: 2%Type: VA 30 Yr FixedRehab Cost : $7.5k-10k( Realtor Comps)Listing Price between $339,900 and $425,0004 Bedrooms4 Total Bathrooms2,887 to 4,300 Square Feet$92.92 to $124.66 per Square Foot