Choon Yee Dee
Hard Money Loan for Fix and Flip
5 May 2024 | 17 replies
Yes for example we have (depending on loan) min. 6-9 months required. so even if they sell it prior they still pay interest for that period.
Kyle Kline
Private Money or Fix-and-Flip to Build Initial Capital?
4 May 2024 | 12 replies
a flip requires CASH for closing costs and points, a down payment, holding costs, costs to cover any overage you weren't able to borrow...so, the issue with flipping is that (1) it takes capital, and (2) the return is 6-12 months out.
Michael Higgins
multifamily portfolio is growing
5 May 2024 | 1 reply
This property required a new roof and some basic renovations.
Miguel Del Real
Is a real estate agent always needed to buy?
6 May 2024 | 25 replies
Without any experience, mistakes and learning in this industry can be very expensive.
Allen Clark
20% down or less for a multifamily?
4 May 2024 | 3 replies
Some lenders will offer you 100% financing but it will be expensive money to borrow.
Bill Buzzell
Being Bought out by Commercial Investor. What to do next?
5 May 2024 | 3 replies
Unfortunately, it's more expensive today than it has been in the past, but guess what, it will be more expensive in the future the longer you wait.
Sarah Ali
Is not having/finding tenants a real concern? what do you do if you can't find any?
4 May 2024 | 5 replies
We require one months rent as deposit so that gives us 30 days to get someone else in there.
John S.
Would you increase the rent of this tenant?
6 May 2024 | 4 replies
@Clayton Silva is right vacancies and turn costs are generally our biggest expenses.
Michael Frank
Best prefab and modular construction lenders?
6 May 2024 | 14 replies
Prefab and modular projects often require a different draw schedule than stick built homes.
Bhushan Shinkre
Insane 2-3X property tax rise in Kansas City (Jackson county)
5 May 2024 | 5 replies
Same principle applies to the seller's expenses and insurance--they're pointless for your underwriting.