Estrella Carolina Mckinney
Is it worth using VRBO in addition to AIRBNB?
31 January 2024 | 18 replies
Most potential renters who are searching are not on both VRBO and Airbnb.
Adam DuCharme
Cash vs Financing for Fix & Flip
1 February 2024 | 7 replies
Ok, so let's examine a potential deal:Purchase: 175kRehab: 55kARV: 350kSo right away, I wanna take the ARV and multiply it by 72.5%.
Sean Mcintire
NAICS Code for Note Wholesaling
1 February 2024 | 10 replies
I'm thinking you can use this code 541613 - Marketing Consulting Services: As your business utilizes marketing strategies to find motivated sellers and potential buyers, this code can reflect the marketing efforts you engage in to promote your properties.
Jimmy Danblaus
If you buy a house for below 80% ltv do you still have to put a down payment?
1 February 2024 | 17 replies
As I understand it, it's the loan amount that requires the down payment not the potential market value of the property.
Mike Silva
First time home buyer looking to house hack multi family in NH, but values at 600k+
1 February 2024 | 2 replies
Hand-in-hand with number 3, you get to leverage favorable financing terms by putting a very small amount of money down (compared to non-owner occupied financing) which in turn makes your investment pretty small, but potential return on that investment very large by percentage.
Villy Ellinger
Beach Blossom Villa
31 January 2024 | 2 replies
The key for me in this deal (the thing that made it a deal, really) is that it's an area of Okaloosa Island where many were ignoring the potential.
Alex Hunt
📈 Market Alert 📊
31 January 2024 | 0 replies
. 🎙️ Powell's insights could unveil the potential for interest rate cuts in 2024, impacting both consumer and business borrowing costs. 🏦💡 #EconomicUpdate #FederalReserve #InterestRateWatch #FinancialInsights
Tony Pellettieri
Possible Private Lending solution to a friends HML in default? - Please Advise
31 January 2024 | 10 replies
Based on a rough analysis for a project timeline, I believe the total project can be completed in 5-7 months with the team I have available if we get involved in completing the work on the project.Deal Analysis as a whole - Actual Costs may be slightly different but estimates should be fairly closePost Construction Estimated Market Value - Lot 1: $379,000 Lot 2: $307,000 Total Estimated Market Value $686,000+- $102,000 - Cost to payoff HML & Previous Builder- $154,800 - Estimated Cost to complete House #1- $170,370 - Estimated Cost to complete House #2: Includes New Well/Septic $7500, Impact Fees $2100, Permits $1000= $427,170 - Estimated Cost to Payoff HML, Complete Construction on House #1, and Construct House #2+ $686,000 - Total Future Market Value- $20,580 - 3% Buyer Agent commissions as the current owner(Listing Agent) will be listing these properties without compensation- $2,538 - Real Estate Transfer Taxes- $1,500 - Settlement Costs Paid at Closing______________________________________________ $234,212- $27,900 - Payment to Seller for Down Payment made by seller to HML @ Origination (For her to break even)= $206,312 - Potential Return before any Interest/Fees/Taxes/EtcI've spoken to a few HM Lenders and ran rough numbers by them.
Steven Roberts
Outlook in Commercial Real Estate & Economic Forecast 2024
1 February 2024 | 9 replies
Potential good news from the CBRE forecast for commercial real estate.Executive SummaryU.S.
Brian Hinkle
Merger of Entities
31 January 2024 | 2 replies
There can always be potential tax issues when debt is moving around due to changes in debt basis.