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I am a new investor and am interested in creative financing for subject 2 transactions coupled with Seller financing. I am located in the Greater Seattle, WA area. While building a relationship with the Seller’s ag...
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Hi All,A few questions here.1. Have anyone self-originated a promissory note (pledging their properties as first lien with a mortgage note) before? What I mean is, instead of finding banks, FHA, commercial loans or Ha...
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Here are a couple of questions. 1. What formula do you use for calculating Interior Improvements that will be factored into the Agency debt for multifamily units? 2. What formula do you use for calculating repairs and...
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Hello curious how much average unit turn costs are. One of my units needs complete turn, new kitchen, bathroom it’s a one bedroom around 700 sq ft.
I am wanting to know how everyone decides how much to pay there property managers;is it a percentage based on the number of units? Also, what is the average percentage everyone pays management companies? Just needing ...
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This is an excerpt from a client report:Many chattel lenders are under the impression that SCRA does not apply to them based on materials published by HUD in which HUD disclaims any authority over the chattel lending ...
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I found an accountant I like in my area. After reviewing previous years taxes he gave me a quote. It’s 1,675.00 up front plus another 100.00 a month maintenance. Is this a normal type of fee for this service?
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The seller approached me to sell 5 acres of land less then 5 miles from downtown Nashville. The land is zoned for the building of 21 units (the project was approved by the city). He inherited the land along with many ...
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This common side hustle attracts many who are looking to make money off existing assets in their home. About half, 54%, of those who own their own home say they’d consider renting it out through a service like Airbn...
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Hello Everyone, I just bought my first 2-flat in Chicago. However, I have a large unfinished basement I would like to convert to a 3rd unit. I am trying to get an estimated idea of the cost of this project. If anyone ...