8 January 2014 | 3 replies
My name is Raphael and I just turned 22 in the DC area.I have successfully closed 3 wholesale deals currently, but came across a situation with 2 Multi-Families that seemed to need a more creative approach.Check it out..I have a seller that owes 2 Multi fam buildings.Wants to sell for 1.2 Million.Willing to do Lease Option or provide seller financing.Needs at least 600k Down...Now..I have a NY Buyer ready to put down 750k and purchase it total at 1.4 Million.Obviously financing the rest.1,400,000-750,000=650,000What is the best way to work this deal out so I can provide a WIN for everybody and still make Big Bucks!
13 January 2014 | 17 replies
Long term financial analysis and thorough inspections.Financial analysis is always a Discounted Cash Flow model, including MIRR and NPV.Now, I do invest in the larger kind of multi-family and I have a background in finance.
15 January 2014 | 17 replies
If so, this could be as simple as fixing the leak and resheating the floor...a few hundred bucks.
8 January 2014 | 5 replies
Many builders and developers can't seem to finance larger acreage developments and multi home tracts using traditional bank financing, and most of the developed land that was developed prior to the real estate crash of 2008 was absorbed in the last 5 years by larger nationwide builders.
8 January 2014 | 0 replies
I am looking for a general contractor with experience in rehabbing rental properties / small multi family properties.
12 January 2014 | 3 replies
Hello all,I'm currently living in Germany for work (not sure on how long my family and I will stay here but we're hoping for the long run) and own a property (lived in for just over two years) in Northern Virginia, which is currently being rented out (and managed by a PM firm).I would like to own multiple residential properties to serve as extra income and eventually move onto commercial investments (or possible multi-family properties, such as apartment buildings).I'm here to look for advice on how someone in my situation could start pursuing this goal.
9 January 2014 | 3 replies
We have a strong military community, always growing medical training facilities, a tremendously strong tourist and convention sector and the Eagle Ford Shale project created 116,000 high paying mid skilled jobs in 2013 and a 61 billion economic impact on the region.
9 February 2014 | 11 replies
.$1000 bucks is not a trivial amount of money - so I don't want to just "let it go".
19 November 2015 | 14 replies
I currently have 2 SFH and a Multi Unit under contract.
9 January 2014 | 8 replies
I was interested in foreclosures or a multi-family home in that state and have no idea who to contact or where to start?