Ian Livaich
Calculating Expenses for Small Multifamily (Repairs/CapEx)
Hey everyone,I am searching for a small multifamily property (most likely a duplex) in South Jersey. I am going to look at three properties tomorrow with my agent. I am crunching the numbers and determining at what ...
Zenas Underwood
FHA Loan Reserves - 4 Unit Plex
Working on getting funding for a 4 unit, that I plan to house hack. For those who have closed FHA loans on 4 plexes how many months reserves did your lender require? I thought it would be 3, but I'm getting lenders (b...
Bobby Larsen
Multi-Family Financing Options
FYI Because I think this will have a larger impact on pricing than the shelter-in-place orders. Not only have interest rates crept up but overall terms like reserves/escrows and debt service coverage have increased bu...
Will H.
CA Supplemental Property Taxes - How to Pay?
Hi there,Just got 2 supplemental property tax bills for a house I purchased earlier this year in CA.Anyone know if lenders typically allow the use of the money from an impound/escrow account to pay for these or on my ...
Hamza F.
Note Return Calculation
Hello - had a question on modeling returns on notes (Apologies in advance if this has been answered already, wasn't able to find a concrete answer in prior posts). Wanted to know what metric (or metrics) folks use whe...
Thurben James
Would you prefer a debt partnership or Equity partnership with your investors?
So I was talking with my mentor about acquiring a property to boost my networth. So he proposed an idea I've not heard before which was raising capital from investors and having your investors be treated as 2nd positi...
Andy Mirza
Note Fund Management Reserves & Liquidity
For our note funds, we set aside about 10% of capital raised as reserves. We set these aside for operating costs (foreclosure costs, note servicing, insurance, property tax advances, etc.) and minor rehabs for REOs.Mo...
Ravi P.
Hubzu.com Special Servicing
Thank you to those in advance. I recently placed a bid on a property in Hubzu.com. I was the highest bidder, however my offer did not meet the reserve that was set in place. This was the 3rd time it was placed in auct...
Matt Stowe
Seeking fee advice on freddie mac sbl program
Hello,I am looking at a 32 unit apartment complex priced at $2.5M. I am curious if the fees I am being presented are in line with market norms:lender app fee: $10,000Origination fee 1% ($20,000)Lender costs: shows a ...
Brett Baginski
Mortgage Forbearance Ramifications
Not sure if this has been posted yet, but I think it is worth sharing. I heard on the Rental Income Podcast w/ Dan Lane, bonus episode from this Saturday "The Ugly Truth About Mortgage Forbearance", the long term eff...