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28 October 2014 | 3 replies
Here’s an overview of the deal:17 SFR’s originally marketed for $858K ($50.47K/unit average)$11.6K/Mo total income ($682/unit/month average)Agreed packaged price (as-is) = $632KARV (based on BPOs) = $780KRepairs = $35KWhile I don’t know how much the wholesaler had the initial properties under contract, I do know that the price we are now negotiating is well below whatever the numbers were.
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28 October 2014 | 5 replies
He uses multiple software packages that integrate together to manage his leads.
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30 October 2014 | 16 replies
Also, your hypothetical deal package can be reused once you have the deal by swapping out the "fake" data with the real thing.
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28 October 2014 | 1 reply
I was looking at different loan packages I could use to purchase and renovate the home.
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27 October 2014 | 2 replies
Looking through their marketing material, I would guess it's something like the packages used by the larger brokerage services, just designed specifically for investors.my 2 cents
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2 July 2017 | 27 replies
Package stated life expectancy of only 2000 hours.
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29 October 2014 | 9 replies
I'm renting everything out except the big building, which is used for church (my seller, renting back) in the morning upstairs, and for our youth group in the afternoon (Sundays).Now I need to refi to pay off my seller carry back and hard loans.Chase wouldn't want to do my loan, so they recommend a local broker who after talking to me verbally said he can get a loan (about $700K) for me.He's asking for $1000 of "packaging" fee up front, plus 2% (of which he said usually bank would pay him 1%, I'd pay the rest).
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29 October 2014 | 6 replies
How bout you package this up with the deal analysis math showing investors cash on cash return?
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13 November 2014 | 2 replies
Undoubtedly you will encounter situations along the way and that is all a part of the process.
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13 November 2014 | 4 replies
Has anyone else encountered a similar problem?