Good evening, I’m a newbie but I’m ready for action, my father and his brothers it’s 4 of them where left 78 acres of land in Georgia from my grandmother. They’re in the process of getting it sub divided in the next m...
I have a three bedroom, single family home. I am currently renting one bedroom to a tenant. I am moving out of the house in June and intend to rent the other two bedrooms to two additional tenants, unrelated to the fi...
So its been about 4 months since I’ve purchased this 3 family and so far so good. I put 105k down & I net around 1600/month. Not sure if I calculated the ROI correctly, basically to what i would net in rental inco...
Hi, I am currently working on my first subdivision deal. The property is 8.75 acres and has a small old house on it. Due to regulations in my county, I can only subdivide my land four ways. I have a partner to help me...
Got a question about calculating total ROI. We have a rental property and after owning it for about a year we put around 35K into major renovations. That was two summers age. When calculating total ROI you divide by t...
BPrs I'm hoping you can offer some advice with this matter. Let me preface this by saying I do understand that laws are different from state to state and in this case from country to country. To make a long story shor...
Hi all. Im looking at a 12 unit apartment complex for sale near where I live. The owner recently passed away and the heirs had it appraised and are selling it now. It has 11 units occupied and 1 unit vacant for showin...
I am confused with what "DSCR at purchase" is. Does this not include the construction loan ?
For example, when the DSCR is 3.00x and the Loan to Purchase is 68% , does this mean that NOI is 3.00 x the debt from a lo...
Speak to me like I am 5 Years old Customary Total fees interest etc for 100k hard money loan for 4 months?
Hi Everyone,
I have an interesting situation that I could use some advice for. My wife and I found a house for our family and used a hard money lender, that we have done some business with in the past, to fund the p...