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25 July 2018 | 10 replies
Your variable costs are associated with the repairs and that depends on the project.
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25 July 2018 | 13 replies
I did a recent project where we converted a giant closet into a bedroom and added a window and a normal sized closet into the room.
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24 July 2018 | 15 replies
$100 projected cash flow won't cut it either as you're already maxed out on the debt payment and haven't even gotten into the filing/closing costs, taxes, insurance, maintenance, cap-ex, management, etc...
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22 July 2018 | 2 replies
At the end of the day if I think a project is going to work and make a nice profit im all in.
20 August 2018 | 7 replies
I feel that entering projects with the goal of value add and selling would be the quickest way to build substantial cash.
22 July 2018 | 1 reply
Does anyone know how to pay off a balance of 203k loan before the project completed?
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17 August 2019 | 9 replies
I'm sure there is someone out there though that does work on these projects you just have to find them!
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3 August 2018 | 49 replies
I'm not saying they're aren't snakes in any profession but i am saying myself and the lenders i work with are some pretty awesome folks who focus on getting the deal through so you as an investor can make money and hopefully use us again on your next project.
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6 August 2018 | 1 reply
I was actually wondering, for those working in bigger projects even more so, how are they working their budgets?
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23 July 2018 | 1 reply
I've had multiple people come and look at the projects, tell me they would get back to me with a bid, and that's the last I hear from them.