All Forum Posts by: EMarie Windham

pretty good info..

Wow Mac!  I saw the pics - what a wonderful difference you guys made to that home.  Love the painted brick.  The kitchen is stunning!  

Good Job you guys!

Congrats Jenny! lovely looking property! do you mind sharing what the ARV was?

Hello Chris - thank you for the breakdown on this fix and flip.  Did you have realtors fees or additional Closing costs?

First - the numbers look pretty  good.  Unless you have a renter/buyer lined up, I'd say the 90-days is quite aggressive.  Another thing is make sure your GC gives the structural clearance; these surprises are not fun!

First you need to know how much the pvt lender wants to make on the deal; he/she won't lend without a specific Profit margin.  I would love to say $5-$10k on a property that has plenty equity...But w/o the specifics of how much ur lender must have and how much cash the buyer has to pay out..it's difficult to say an exact amount.

 long story short, if the buyer is at an impasse with the bank, then he needs ur lender; if the pvt lender is looking 4 a long term deal such as the one AAAnd the buyer can afford his terms....then u may b in good shape 4 compensation.