28 November 2016 | 11 replies
You have $100,000 in equity in the property costing you $833/month in lost income, you do not want to lose any more.
15 June 2016 | 7 replies
You would have to do it sub-to.If you could get the sellers to take 2k instead of 5k, you take 2k and arrears of 4k that means the buyer would pay 8k to get into a home and now they have 20k in equity.
26 August 2017 | 19 replies
But when we did this in Dallas on a 320 unit, 200 takers paid $25/mo that $5K income/mo or $60K/yr divided by the 6% cap rate (.06) added $1m in equity to the property on something that cost maybe $100K.
1 March 2018 | 11 replies
I’ve crunched the numbers and to conservatively reach that I’ve estimated would take 1.5M in equity at least.
3 April 2024 | 3 replies
The property currently has about 60k in equity.
7 November 2016 | 4 replies
All of the details, including drawings and pro forma, will be provided following initial qualification.Requirements- Commitment of at least $50,000 in equity upfront- Experience as a GC on multi-family projects (including references)- Strong track record of quality, efficiency and safety- Located in Southern CaliforniaPlease PM me to discuss further.Best,Gene
5 February 2016 | 3 replies
I'd be somewhat more willing to stay in it if the negative cashflow was minimal, but I'd probably lean toward selling it especially with $100k in equity.
6 June 2016 | 8 replies
In other words, if I have, say, $200k in equity, when I do this deal does my equity position go to $180k, or $0k until the debt is satisfied?
27 January 2021 | 27 replies
This means that of the $30,000 in equity you're going to get 80 to 90% of that.
20 July 2024 | 28 replies
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