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14 March 2020 | 4 replies
Larger expenses we split between all assets owned by the LLC.
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16 March 2020 | 2 replies
I have 2 private lenders that have limited funds and I offer them 10% plus one point that I use on smaller deals.It's nice to be able to pull the trigger on any deal with my main hard money guy but some of these larger projects like the commercial are scary to do at 15%.What are some tips for finding more private money?
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30 November 2020 | 435 replies
Investors need to prepare with larger cash reserves.
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17 March 2020 | 45 replies
Property 1: 3/2 @ 1,456 sq ftPurchased in May 2019Purchase price: 167,000 with 20% downInterest Rate: 5.75% (3.75% after refi in process)PITI: 1,197 (1,037 after refi in process)Rent: 1,625Cash Flow after expenses: 147.52 (308.00 after refi in process)Property 2: 3/2 @ 1,316Will close in April 2020Purchase price: 179,900 with 25% down Interest Rate: 3.625%PITI: 1,023Rent: 1,500 (market comps)Cash Flow after expenses: 191.00As you can see, my second property isn't even close to the 1% rule, but it cash flows better than my larger home that was purchased last year for 13k less.
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15 March 2020 | 8 replies
What about a larger multifamily - 4 to 8 units, let's say.
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2 July 2020 | 13 replies
I am a relatively small owner of a 4 unit & a 2 unit that I manage myself so I don't have the scale to build a website like a larger investor/property manager.
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9 September 2020 | 32 replies
MIGA offers political risk insurance, but typically only for much larger transaction sizes.
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17 March 2020 | 15 replies
I'm being an optimist with regards to the energy industry here holding up during a downturn.
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20 March 2020 | 23 replies
I am unfortunately one who owns a larger 7 bedroom cabin and I have had a few cancellations already.
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25 March 2020 | 12 replies
Unless you want to do AFS (Agreement for Sale) which then you allows you look at larger cities.