These seem to be the most hard core negotiators...and many have taken a "Pay us a lot or we will let it go to foreclosure" approach. I am assuming that based on the price they are paying for these notes, they only ne...
Hello, I am looking for my first deal (BRRRR or flip) and trying to find private money to help finance. I'm wondering how people generally structure a deal with private money. - Are you giving them a certain interest ...
Ok, let's say I want to purchase 3 condos (at 25K each), live in one and rent the other two. Will a bank give me a HELOC for all of these properties? If so, at what percentage of their value? Also, how long would I ne...
Wonder if any of ya'll have come up with a type of formula for handling the debt compared to how much cash you have on hand. Like I'm sure someone has done this before but I was thinking along the lines of bank balanc...
Hello everyone!
When analyzing properties for long term rental, how do you guys analyze the fact of "Rent Vs Own" percentage of a city?
Thank you for your comments!
I was putting together an analysis using the tool that creates a PDF report. When it calculated the ROI and ROI (annualized) it shows a negative percentage....I am not understanding what that means. Could someone g...
When buying multi-family homes what is the typical Annual Expense Growth Percentage that can be expected.
I had an idea: drawing up a contract for a private money lender so we could use private money to buy properties at a sheriff sale. It would say something along the lines of "Private Money LLC agrees to lend $500,000.0...
I have never done a flip with a private loan before, but a good opportunity has presented itself and I know someone who is interested in partnering with me. The way it would work is he would fund the purchase and reh...
What % should expenses be in relation to gross rents for multifamily properties. For example: While evaluating a deal, for the sake of easy math, a multifamily property has gross rents of $100,000. The Actual or Pr...