Daniel A Lee Kim
Sanity check on rehab estimate from Kaneohe HI GC
Hi everyone,We are currently under escrow for a 2/2 condo in Kaneohe HI. We are moving there due to work and planning on rehabbing the kitchen, two bathrooms, floorings throughout the condo, and the two bedrooms.We r...
Cathrine Mcnair
Note clarification..
Hi everyone.. I'm a newbie, still getting my footing in RE. I am interested in purchasing performing and non performing notes.example: on 1st position LeinPriced at 15,000.00original balance of 30,800.00Principle of 2...
Tory Sheffer
Multifamily Acquisition Startegy
Multifamily scenario, looking to see if anyone has had similar deals/experience with this strategy. Original developer 1965-1990 (phased construction) still owns a great product I’m trying to buy. Market rents are 70%...
Account Closed
Is what I'm offering for this property right?
A guy called me earlier yesterday looking to refinance his third loan ($30,000 at 18%) and get $50,000 on his home valued at approx 240,000 with $130,000 owed. He approximate the repairs to be 20kHe tells me if he can...
Mary St.Clair
How to acquire financing with a bank loan with a 30 year fixed
In all of my reading and listening to podcast/webinars I have not been able to figure out how to get a 30 year fixed rate loan thru bank financing. Is it possible to get a 30 year fixed loan without actually living i...
Jiva Segaran
My 1st 6 unit multi family after owning sfh and Triplexes.
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $550,000
Cash invested: $125,000
Value add 6 Family property with great Cash on Cash return. Seller financin...
Ryan Hesselberg
Seller financing deal
Hey! I'm looking to purchase I multi use building that has value add. Seller wants 200k. He had a couple agents lol at it and guess is worth 150k. Seller said he may be open to seller finance. I'm thinking of giving h...
Arthur Neves
Anyone purchasing massive amounts of tax liens certificates ?
This tax liens cycle, in Florida, I am considering giving bids on 1k+ properties tax liens certificate. Anyone done it here before and have advices to share?For the past 2 years I purchased some certificates, very low...
Garrett O.
1031 out of a Low Property Tax
So I have a relative that has a 4 unit multifamily apartment complex (Located in a bad area, a lot of graffiti and gang involvement on this street). They have owned it 30+ years. They had the same tenants pretty much ...
Krista Manna
Cash on cash return calculation
I'm assessing a deal on a 5 unit property in greater Boston area. All the numbers look good except the cash on cash return after year one is 5.3%. At 30 years it's 9.7%. I've read that COC should be between 8-12% mi...