We are looking at a 116 unit apartment complex. The asking price is $4,950,000. The NOI is $484,000/yr. The seller will carry a 20% second. With 100% financing we should cashflow about $13,500 a month. That is calcula...
You often hear syndicators say: we're looking at a minimum 20% return or 15%IRR. Things like that. For the sake of curiosity, I'm wondering what factors influence those required returns. Stock market volatily? 10Y tre...
Has anyone out there in creative land used futures contracts to hedge interest rate risk on your ARM? I am wondering what futures to use for commercial loans with floaters past year 5 or so. Selling eurodollar futur...
I was recently searching for a hard money lender in Florida and came across a company that requires a 10% down payment. I have in the past dealt with hard money lenders and never heard of a down payment requirement...
I was thinking - is financial independence acheived when you have enough property to produce rent that will cover all of your monthly expenses, and then have some to put aside in case something happens. Is this right...
Is anyone following this act? Do you have any input on what it would mean for real estate investors?
The Entrepreneur Access to Capital Act Passes
A new plan to allow ordinary investors to bet on start-ups
House P...
Hi guys, Over the past few weeks, I have been reaching out to property owners and submitting offers on properties. My goal is to do 3/day and by next month raise that to 5/day. I have a few questions that I've been th...
Okay, I suppose that buying the house, rehabbing the house, screening the tentants and leasing the house were the EASY part. Now I suppose the journey officially begins..
So, I have had my first tenants now for comin...
I'm looking at a duplex right now in Tacoma WA, the central Tacoma/Hilltop area that is two units both 4 beds 1.5 baths, both units about 1,125sqft. It's listed right now at $239,000 and four months ago was $289,000. ...
It isn't anything new and it has been well documented (whether you are aware of it or not). I'm curious to know if there are any personal experiences with redlining for those seeking conventional mortgages, especially...