Alishan Jadhavji
Creating a property management company to manage rentals
Hello all,I (via my LLC) own several units now. I also lease out and manage the units via the same LLC. I am thinking about creating a new LLC (to be owned by my current LLC) to handle all the property management to p...
Steven Jones
Reducing Risk of Losing Appraisal Fees on Bank Loan Applications
Hello BP,I'm looking to do a cashout finance for a duplex and single-family home. Both properties are owned through two separate LLCs. I was recently working with a bank that came very close to approving my loan but a...
Solomon Oh
[Calc Review] Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.Hi All- Is this the correct calulator to use to underwrite a multifamily-flip? Ie purchase, cash for key...
Julio Gonzalez
10 Tax Credits for Agriculture / Farming
For those that own farms or ranches, there are many tax credits available. I’ve summarized that top 10 below.
5G Wireless Farm Program Income: As cellular companies are trying to expand their 5G network, this is a ...
Karl McGarvey
League City SFH added to our growing portfolio!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $235,000
Cash invested: $23,500
Contributors:
Holly Kaufman
Real estate is ALL about relationships,...
Giselle Romero
Can I tap into equity on a new cons. home right after completion?
Long story short. Purchased the land with cash in 2020 for 60k.
Put another 130k down on the actual build of the house.
Took out a 500k construction loans. Comps are about 800k.
Home is expected to be completed Fe...
Mike Schorah
Should I do a gap loan with no money, gap loan with $5k, no gap?
A local hard money lender with local underwriting can lend up to 75% of the After Repaired Value (ARV). 65% as a primary loan at 11.95% APR and 2.95 points. 10% as a gap loan (if needed) at 19.95% and 4.95 points.
Ex...
Chris Curtis
Is this a good deal?
Is this a good deal
Two 16 unit apartment buildings total rehab for both buildings think I could get them for 800k (400k each)probably 300k(150k each) in rehab.
ARV for both building approximately 1.1m. Pro-for...
Account Closed
20 Years old and $20,000 invest now or later
Hello, I'm Logan,I'm currently 20 years old working as a Mortage Administrative Assistant at a local community bank, I live at home still so my cost of living is about $300 a month. My credit score is 740 and my only ...
Michael Elfant
6-family at an 8 cap!?
Hi - I was shown a 6 family complex with a total of 15 parking spots that surmounted to an 8% cap rate. The units all are old and will surely need work in the not to distant future. Also, the building is rent contro...