Najeh Davenport
Hard Money Loans for Acquisitions
9 May 2024 | 4 replies
Most work this way BTW Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
Seo Hui Han
70% equity and 30% debt. Should 1031 into similar?
8 May 2024 | 7 replies
@Seo Hui Han, in a high interest/low cap rate environment debt kills commercial deals.
Vinay M.
Best property mangers in Greater Denver Area
9 May 2024 | 4 replies
One question I like to ask when I interview PMs is asking for their current occupancy rate, which I think is a key metric.
Robert Gorra
Lease Writing For New Tenants
8 May 2024 | 1 reply
I’m closely monitoring a few tenants as we speak. 1 requested to pay this Friday after payday due to a job change. 1 is $200 behind from last month. 1 got a rent increase but still has this month at the previous rate.
Dylan S.
Rehabbing and adding ADUs in OC?
8 May 2024 | 4 replies
These properties are valued on cap rate and NOI.
Shaheen Ahmed
Starting out, interested in multi family
10 May 2024 | 30 replies
If you're looking for consistent rental revenue, search for places with high occupancy rates and rentals that meet your expenses, such in the Midwest with cities like Cleveland and Indianapolis.
Cole Oliver
Credit Cards with the Best Benefits For Fix n Flips
8 May 2024 | 2 replies
I originally signed up for it because it had a good rate and hadn’t realized it was a cash back card until this past statement.
Zachary Schimenz
WARNING: Don't Use Ohio Cash Flow unless you want to lose thousands of dollars
8 May 2024 | 112 replies
Weekly rates available.
Tyrell Henry
2nd Home purchase using VA loan
8 May 2024 | 0 replies
It may not add much value but I am hoping it'll bring up the rental rates when that time comes.