Mark Sleeper
finance, development, management
19 September 2016 | 3 replies
Based in Los Angeles since 1997, he has completed over 2.5 billion worth of transactions in Southern California and other strategic markets throughout the United States.
Jim VanOwen
Pocket Neighborhood developer from Arizona
19 August 2019 | 10 replies
I'm based in Portland, OR btw.
Account Closed
Unsecured LOC
20 September 2016 | 3 replies
Approval is also based off of your credit score, so make sure your score is up to par and you've done all your research on which financial institution you plan to go with.
Casanova Brooks
What are your thoughts on this
19 September 2016 | 1 reply
So here is a sample scenario:$60,000 purchase price25% down = $15k, advanced from the line of credit$45k purchase money loan based upon the value of the homeThe loan rate for the purchase money would be around 5-5.25%, the line of credit rate would be in the 5.25%-5.50% range.
Devin Mann
is it normal to ask an agent what the noi is?
19 September 2016 | 4 replies
Purchase based on sales comparables, at a discount, and have a good idea of what your operating expenses will be as well as what market rents are to get an idea of your return.
Gilbreth Seno
Cash with mortgage
20 September 2016 | 8 replies
You will need to submit a repair list with a budget and the bank can give you a loan based on the ARV.
Nick Zocher
Pre-Foreclosures that aren't Value-Add
19 September 2016 | 4 replies
I only sent offers to extremely distressed properties based on provided pictures.My question has to do with direct mailing to Pre-Foreclosures.
Patrick Sears
Hotel cap rates
7 July 2019 | 18 replies
While cap rate based on existing T12 may only be 7%, it is likely a hotel could achieve 10%+.
Paul Moran
owner wants me to buy
20 September 2016 | 5 replies
Even my $3,360/yr maintenance budget feels a little low to me based on the rehab to be done on the first floor.Now, when I plug these numbers into the calculator referenced above (including an 8% vacancy and $280/mo for repairs and maintenance), I can see that you'll have monthly expenses of $1,640.
Daniel J.
18 Year Tenant?
25 September 2016 | 10 replies
Account Closed From the little information I was able to get, it looked like about $200 per unit based off the gross rent/numbers of unit.