Michael Caldwell
Do any DSCR lenders appraise based on rent?
My understanding is that DSCR appraisals are on the basis of market rent and property value based on comps. Do any DSCR lenders appraise on the basis of ACTUAL rent?I ask since a property we're purchasing is going to ...
Amanda Glendenning
Still attempting to understand BRRR
Ok, I need help understanding how BRRR works in this scenario. We recently purchased a distressed 2 br 1 bath home for 48,500.00 and rehab costs will be roughly 20k. The A.R.V is estimated to be 100,000.00 based on co...
Alkjad Lelaj
New Jersey Sheriff Sale
Hello,
I'm interested in bidding on properties at sheriff sales in New Jersey. Before I do so, I have a few questions that I hope can be answered for me by someone who has both experience and knowledge in acquiring p...
Paolo Garcia
How to calculate future property taxes? (Buy and Hold)
Hey All,I had a question about property taxes, I'm looking a few properties on the MLS to buy and hold (already rehabbed properties) and there have been a few listings that have low property taxes. I assume it's base...
Austin Davis
Correct way to evaluate a 4-plex?
I purchased my first properties off market not too long ago and pretty much made up my own way to evaluate them. Probably not the best decision as a newbie, but I think I did OK. I made a spreadsheet that subtracts ...
Marisa Amirian
West Philly Wholesale Numbers
Hi! I've recently started marketing for leads to increase my rental property portfolio....and I have my first lead in west philly on a 2 story 3/1 that according to the seller "needs a full rehab".....I put my general...
Paul Sanders
Noise monitoring devices?
Hi all, has anyone dealt with noise complaints at their SRT and looked into a possible solution such as a noise / decibel level monitoring system or device that will alert you if guests get too loud? Parties are a bi...
Caleb Smith
Preferred Equity and Invested Capital
In the equity waterfall, I recently learned that the preferred return is distributed based on the amount of capital invested in the deal.Then, as the capital is paid back, the preferred return is adjusted to the amoun...
Chris Licavoli
Seed Capital Business Credit Consultant
Has anyone used Seed Capital LLC to establish business credit card accounts. They are offering to charge me a fee of $3500 to establish $50,000 minimum zero % interest for 12 month card. Is this a good deal or a was...
Tyler Neison
buying an STR with a partner
My dad and I are looking into buying a STR property in Florida. We both want it to use as personal vacation property when we go down, but I'm predominately interested in it for the active loss tax benefit. Given some ...