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24 June 2024 | 4 replies
In general max LTV on 5-8 units will be 70% of the purchase price.
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23 June 2024 | 5 replies
I look forward to learning from your experiences and expertise!
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24 June 2024 | 0 replies
Purchase price: $1,000,000 Cash invested: $400,000 Purchased 25 acres with 30,000 sq ft of buildings with intention of transforming it into a retreat venue - currently leased.
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24 June 2024 | 2 replies
Can I take out a hard money loan for the 43K plus the 40K rehab amount and have him owner finance the rest of the purchase price to me?
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24 June 2024 | 1 reply
Purchase price: $640,000 Cash invested: $1,200,000 Turned a shuttered and rundown 13-unit waterfront motel into a brand new vacation destination with added lakefront "tiny homes", for a new total of 20-units with yearly gross over 500,000 and cashflow averaging $40k monthly.
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24 June 2024 | 20 replies
Waterfront homes, particularly those with Gulf access, can command higher prices and potentially higher returns on investment.3) Tourism and Vacation Rentals: Cape Coral's proximity to popular tourist destinations like Fort Myers Beach and Sanibel Island makes it attractive for vacation rentals, especially during peak tourist seasons.4) Affordability: Compared to other coastal areas in Florida, Cape Coral offers relatively affordable real estate options.
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25 June 2024 | 6 replies
I am open to getting professional help so pleaserecommend any, if possibleHi Jodi..most lenders will require a six month seasoning however it’s possible to use the purchase price and do an immediate cash out refi or first position HELOC.
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24 June 2024 | 3 replies
Purchase price: $1,870,000 Cash invested: $300,000Offering a sliver of ocean view from upstairs, plus an ideal setting conveniently close to the area's most popular shops and restaurants, there's plenty to love in this location.
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24 June 2024 | 3 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
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24 June 2024 | 16 replies
==========================SAMPLE EXCERPT ONLY===================== This Agreement entered into on the_______day of ___________ , 20_______ by and between, _____________________ and or their assignee(s), herein after referred to as the "Buyer(s)", and _____________________, Herein after referred to as the "Seller(s) ".Seller agrees to sell and buyer agrees to buy the following described real property together with all improvements and fixtures and the personal property described below:Property Address______________________________________________________________________________________Legal description: ____________________________________________________________________________________________________________________________________________________________________________________________________________ County _____________________________________________________________.Personal property included: ____________________________________________________________________Earnest Money Deposit $______________________Cash To Seller At Closing $______________________Existing Loans & Liens $______________________New Loan To Seller At Closing $______________________Purchase Price $______________________The purchase price to be paid as follows: 1.