Leo B.
How do lenders know what CAP rate to base a refinance on?
I'm starting to look into performing a 1031 exchange into an apartment complex and am looking for more information on value adds and how a lender obtains their valuation based on the CAP rate. See example below.- 30 u...
Taylor Ballam
Re - Financing - What are the basics
I've heard few different things about re financing and what to know what my options really are. Are "streamlined" re finances with 0 points and minimal costs a real thing? What are my re finance options if I purchas...
Jose Portal
Property taxes in florida
Hi all,Somebody told me that I can buy the LLC that owns the property I want, that way I can keep the same property taxes as they are. Does anyone know anything about this? Thank you in advance.
Steve K.
Question on Cap Gains taxes/ Section 121 Exclusion
Question on section 121 exclusion for cap gains, specifically the timing of needing to live in the property for 2 of the last 5 years. Does anyone know off-hand if that is for the calendar year or exact dates? Assumin...
Ishviyan D.
Sale price vs appraisal
If an appraisal comes in at a higher amount than the sale price, does the lender fund based on the appraised value or the sale price? E.g, sale price is $80000. Appraisal comes in at $100000. If the bank lends at 80% ...
Kevin Zwieg
Where to find history of sale info for Waukesha county properties
Does anyone know where to find history of sale info for properties in Waukesha county? A handful of other surrounding counties (Dodge, Jefferson, Washington) have history of sale info within the tax records search web...
Johnny Weekend
Property Taxes in Cleveland
HiWhat has everyone experience been in regards to property taxes in Cleveland. I saw James Wise quote the current taxes however if the property sells for a new higher price won't the property taxes be based on the new...
Brant Schumaker
Analysis: Estimate property tax on sale price or ARV?
Recently finished David Greene’s BRRRR book. In his couple of hypothetical examples he estimates property tax on the sale price (lower than ARV for BRRRR). I understand this is somewhat market dependent but what do yo...
Matthew Lahickey
Need help on ARV for multifamily
Hello,As I am researching multifamilies I am finding most sellers seem to understate their expenses in order to elevate their properties value. When determining an accurate ARV do lenders appraise based off the 50% r...
Tony Silvas
Pay structure for sales agent
Looking into hiring a sales agent to close on my leads. Any suggestions on how to structure pay? Commission? Base+commission? If commission, then what percentage?
Help is greatly appreciated!