John Clark
Private Money Interest Rates
So I have maybe silly question about private money interest rates. I've got a potential person I can work with as a first time private lender, however I want to make sure when I try to convince them of their ROI I'm ...
Marcus Geiser
Churchill Rehab Project Underway
I started our latest project today. The demo is halfway and will be complete tommorrow. We have some framing to do and a little drywall to repair. There is wallpaper everywhere. All from the 1970's and just screaming ...
Account Closed
Income Producing Property
I am a 33yo female, 750+ credit score, I make $40k a year & I have saved $40k cash. I attempted to get a pre-approval but was denied because of my debt to income ratio ($100k student loans) What steps would you r...
Ray Brockette
Free Tools Online For Do It Yourselfers to Help You Out
Hey All You Do It Yourselfers!I know that there are quite a few of you out there that do all or most of the rehab on your properties yourselves.Well I stumbled across two sites that I thought were pretty informative t...
Laurence K.
Industry standards for interest calculations
Just wondering what parameters are standards in lending and loan calculation.Is one year classed as 12 months or 52 weeks or 365 days, or is there an allowance for leap years by using 365 1/4 days.Simple interest or c...
Luke Carnahan
Owner Financing Offering 6% APR
I am just starting to work on a deal for a 5-plex where the owner is offering financing at 6% APR. I am more familiar with APR with respect to credit cards and not so much with personal loans, so I wanted to reach ou...
Benjamin Haberman
Speaking at my High school Career day
Hello!I was invited to speak at our high school career day, which is this thursday. I am speaking to high school seniors and plan to talk about buy and hold investing. I was thinking of explaining how I figure out my ...
N/A N/A
What kind of Material?
Not sure if this has ever been suggested before, but I thought it would be nice to develop some sort of Rehabber's Materials Cheat Sheet. Maybe like a chart with House Type on the top and Sections on the right?
For e...
Steven Segal
Common Equity Structures with Investors
Hey-I am working on a couple larger deals that I have people interested in coming in as equity investors. Are there some structures that you have offered/used that have worked well?Thanks,Steven
Matt Wills
Multifamily Deal Rates
Hello,I am looking at investing in a 200-unit multifamily complex and am interested in feedback on the following fee structure and terms.Fees:2% of Project cost for an upfront development fee, which would be 5.7% of t...