Meera Lakhavani
Is it possible to retroactively increase purchase price with FHA?
26 June 2018 | 0 replies
I was hoping to increase the purchase price to the appraised value and request a $11k credit for repairs.
Samantha Swenson
How to survive an Impending Depression
22 April 2022 | 37 replies
Will need to re-evaluate the economy, stock market, interest rates, unemployment, jobs, case shiller, consumer confidence.
Andre Crabb
Non-FHA house hacking benefits?
29 June 2018 | 22 replies
This increases your cash on cash return.
David S.
What do you think of this SeaTac MFH?
27 June 2018 | 2 replies
I am thinking of investing in a syndication that is buying a 157 unit apartment project located at 3117 S 192nd St. in SeaTac, WA 98188.It appears the property last sold in 2015 for $1.8Mn….the syndicators now plan to buy this property at a price that is about 60% higher and around 10.8X trailing 12 months gross rental income or 9.7X gross income projected over the next 12 months.They plan to renovate the units and increase gross rental income by 11-13% in each of the next two years and then level off at 3% annual rental growth thereafter.
David S.
Your thoughts on this SeaTac apartment investment opportunity?
12 July 2018 | 13 replies
I am thinking of investing in a syndication that is buying a 157 unit apartment project located at 3117 S 192nd St. in SeaTac, WA 98188.It appears the property last sold in 2015 for $1.8Mn….the syndicators now plan to buy this property at a price that is about 60% higher and around 10.8X trailing 12 months gross rental income or 9.7X gross income projected over the next 12 months.They plan to renovate the units and increase gross rental income by 11-13% in each of the next two years and then level off at 3% annual rental growth thereafter.
Yashar E.
Case study and any help would be appreciated
29 June 2018 | 42 replies
He instilled confidence in me and I figured it would be good to gain as much knowledge I can from him.
Mickey Bradshaw
JV arrangement for notes
29 June 2018 | 30 replies
@Jay Hinrichs I admit I increased my vocabulary looking up definition of hoary, meaning old, white or ancient... but point well put and found way to Howey test (1946) for securities is broad and can be applied to JV's, LLC and general partnerships As such, those being a sponsor of agreements should have proper legal counsel to advise them appropriately with caution, as mentioned its all great until it doesn't go right and money is lost.
Grant Hunter McNaugthon
Investing in real estate outside the state you live in
26 June 2018 | 2 replies
The LTV can be increased to a maximum of 96.5 percent if the Borrowers are Family Members, provided the transaction does not involve: a Family Member selling to a Family Member who will be a non-occupying co-Borrower; or a transaction on a two- to four-unit Property.
Diego Ramos
First Property in SoFla?
27 June 2018 | 6 replies
I'll be breaking even on mine and that is after rent increases.
Glen Parmenter
Investing from my 401K
27 June 2018 | 6 replies
As Rick mentioned wholesaling of traditional real estate or notes can be a great way to increase your IRA.