
27 January 2020 | 0 replies
Is that even a smart move on Single Family units, or should storage unit investments be reserved for Multifamily units because of a higher return?

29 January 2020 | 65 replies
The other 3 have been reserved by repeat customers that will be here this weekend.

27 January 2020 | 3 replies
We’ve used our HELOC for reserves, but would add that payment to the numbers ran for any potential deal we’d use the funds for.

30 January 2020 | 6 replies
But according to the VA, I need to have:-Cash reserves totaling at least 6 months mortgage payments (principal, interest, taxes, and insurance – PITI), and-Documentation of the applicant’s prior experience managing rental units or other background involving both property maintenance and rental.I have 6 months reserves, but dont have any experience as a landlord.

1 February 2020 | 4 replies
A summary of the opportunity is below.2 4bed/3bath SFH offered together for $1.75M.Comps show implied value of $2.4M-$2.5MVery desirable neighborhood of OaklandSeller has offered to finance a portion of the total purchaseBoth homes are completely vacant and recently remodeled (so we can command market rent for all units)Since my business partner and I have recently started investing, we do not have significant reserves to put down $300k+ in a traditional loan package.

28 January 2020 | 11 replies
or at best barely break even once all expenses, vacancy, and capital expense reserves are taken out.

29 January 2020 | 27 replies
While you are building up your reserves, this is a great time to network with your local community- you aren't a wanna be, you have a deal under your belt.

30 January 2020 | 11 replies
Ill research it to death, researcher by nature.

29 January 2020 | 2 replies
By having the right verbiage reviewed by a RE lawyer, a wholesaler can stay complaint with the law as well as explain to the buyer the nature of the assignment and what exactly they are doing.#3 Double Close Versus assignments.Simply put, double close to protect the wholesalers & all related parties much better than assignments.

7 February 2020 | 14 replies
What is CAPEX, and what is the general reserve percentage?