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9 May 2019 | 0 replies
The home is a 2 bed 2 bath with the ability to easily create a third bedroom, which I plan to prior to moving in.
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15 May 2019 | 4 replies
Here are the details on the property:Sq Ftg 19,212 sq ftAcres .1 AcresUnits 16, 2Year Built 1916Historic Registry YesParking 10 StallsUnit Types 17 – 2 Bed 1 – 1 Bed 1 – Commercial ShopHere is how the deal is structured:Loan $960,000.00Rate 12%Term 6 MonthsPoints 2%Cost of Loan $70,992.00Construction $200,000.00Value $2,100,000.00Buy In $180,000Ownership 50%Sales OptionProfit $422,008.00Sales Cost $147,000.00ROI 70.33%Long Term HoldNOI $125,180.0075% Loan $1,575,000.00Cash Milled $172,004.00Remaining Cash Invested $127,996.00Payment $91,161.75Cashflow $26,018.24Cash on Cash Return 10.16%These numbers have changed a bit due to original buy in was $300,000 but I was able to negotiate it lower.
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13 May 2019 | 1 reply
It’s an upstairs unit with 3 beds one bath.
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26 May 2019 | 6 replies
It's a drag getting out of bed, but as soon as I get to work and put in my headphones and crank through the BP podcast my whole demeaner changes.
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12 May 2019 | 7 replies
How large is the home, ie beds, and baths?
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13 May 2019 | 3 replies
They were two bed one bath units, about 850 SQFT each, and they were in horrible condition.
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12 May 2019 | 1 reply
It’s a small two bed one bathroom as most of the houses are in the area.
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13 May 2019 | 4 replies
So found a great 3 bed, 3 bath all brick.
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13 May 2019 | 3 replies
If it's 2 baths and 2 beds you'll attract roommates.
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13 May 2019 | 1 reply
I just wanted to ask this before I go to bed.