Matt B.
What do you think of this deal?
12 May 2021 | 3 replies
Below is a screenshot of the model results but see below for a break out of the assumptions:Purchase price = List price (room for negotiation)Closing Costs = Estimate from lenderDown Payment = requirement from lender @ 25%Interest rate = rate offered on a two unit rental from lender Total rents/Month = current rents in place (room to raise based on market) Property taxes, Insurance, Water/Sewer, Trash removal = all reflect actual amounts paid by current ownerVacancy rate = 10% of gross rent Cap Ex = 5% of gross rentMaintenance & Repairs = 5% of gross rentMonthly free cash flow = $155Total ROI = 7.14%My question is simple, do you think this is a good deal?
Gil Happy
Questions About Financing All Cash Offer On Single Family Home
23 May 2021 | 9 replies
They may do it to negotiate a better deal because a cash offer isn't subject to the buyer getting a loan, the house/property qualifying for the loan, or the house appraising for the necessary amount.
Ryan Jones
Weird Seller Financing Question
11 May 2021 | 1 reply
When it comes to seller financing for real estate the perks I have gathered from reading and watching all of the podcasts and YouTube videos I can are:-No hit to personal or business credit-Potentially better negotiable interest and payments-Obvious acquisition of the property with name on title-Potential for good deal if sitting on the market (not a lot of that going on now, but definitely still out there to be found).Here's where I may lose a lot of people.
Joseph Scheidt
Round Lake Beach, IL 6 Unit Multifamily Reposition
12 May 2021 | 3 replies
How did you find this deal and how did you negotiate it?
Diego Omar Jaime
Tiny/Small Home in Houston
12 May 2021 | 4 replies
How did you find this deal and how did you negotiate it?
Gordon Way
Property Management - Is a sale considered a termination?
12 May 2021 | 3 replies
I did read the contract and we actually just negotiated a new MA with different terms.
Diego Omar Jaime
Land for future small home/short term rental
13 May 2021 | 10 replies
How did you find this deal and how did you negotiate it?
Ryan Riches
Buy and Hold in Colorado Springs
11 May 2021 | 1 reply
How did you find this deal and how did you negotiate it?
Ryan Riches
House Hack turned rental property
13 May 2021 | 3 replies
How did you find this deal and how did you negotiate it?
Ryan Riches
House Hack turned rental property
20 May 2021 | 4 replies
How did you find this deal and how did you negotiate it?