Maxwell Manatt
Underwriting myself/Partner evaluation
17 May 2018 | 4 replies
-Ability to read and understand most contracts and financial documentsWhat I need:-Money to fund deals likely 400k-1.2 million for first acquisition-Multifamily Experience for the loan and to make raising the money easier (probable possible without, but much better with)-Net worth and Liquidity requirements to qualify for the loan-Experience in turning around a value add in 12-18 months successfully -Experience in Underwriting deals and due diligence-People who are very good at organizing and systematizing-People who excel at operations and administration-People who have a great understanding of construction and contractors (Boots on the ground is a huge plus)All honest feedback is greatly appreciated.Thank you!
Sheena Varghese
Converting Garage to 4th unit on a Triplex
2 May 2018 | 6 replies
If they let you do it for financial gain, then it is up for debate by others.
Larry Apple
Backing out after going under contract
20 May 2018 | 17 replies
Hopefully satisfactory review of the financials is one of them.
Gagandeep Thandi
Newbie from Sacramento, CA
1 May 2018 | 20 replies
My goal is to obtain financial freedom and not feel the need to work a full time job when I am older.
Tyler Ivy
New Member Introduction
29 April 2018 | 2 replies
I've made it into the mid 30's and had no idea there were so many ways to invest in real estate.Between the podcast, E-books, forums post/articles and other resources on the website, I have found a great place to learn more about real estate and continue my journey towards financial independence.
Daniel Wolz
Landlord insurance advice
30 April 2018 | 3 replies
That kind of loss would be devastating financially and I need better coverage.Once you know your answer to that question you know which type of policy to take.
Stone Teran
Looking for sub-4.5% mortgage on multifamily
29 April 2018 | 2 replies
The building is in great shape, occupancy is always 100% with no turnover, my credit is good, my cash reserves are good and the financials for the building last year are good.
Joshua Davies
LLC Lending Question
7 May 2018 | 6 replies
However, as @Chris Mason also mentioned, I can't truly give you an assessment without seeing all of your paperwork and financials.
William McGivney
Newbie from Bronx, NYc
30 April 2018 | 2 replies
My goals in real estate investing is to be able to have enough financial freedom that I can be able to quit my current job within the next 10 years and be able to spend more time with my family and be able to give back to my community.