All Forum Posts by: Eugene Rogachevsky
Eugene Rogachevsky has started 7 posts and replied 64 times.
Post: Full Turnkey SFR, 21.4% ROI, $343/mo Cash Flow, $19K down, Leased

- Investor
- Long Beach, CA
- Posts 75
- Votes 24
Interested in all markets. I was referring more to lender financing type of deals but I'll take a look at anything you have available.
Thanks
Eugene
Post: Full Turnkey SFR, 21.4% ROI, $343/mo Cash Flow, $19K down, Leased

- Investor
- Long Beach, CA
- Posts 75
- Votes 24
Post: Turnkey SFR great Cashflow

- Investor
- Long Beach, CA
- Posts 75
- Votes 24
@David Niles Hey David, do you have any pictures of the property? Do you know of any lenders in the area that will do a cash-out refi at that price point?
Thank you
Post: Hard Money vs Private Money Lending

- Investor
- Long Beach, CA
- Posts 75
- Votes 24
Hey @Kyle Mitchell,
I believe a hard money loan will be more expensive than a private money loan. The latter is typically an interest-only loan while the former will charge interest (6-12%), points (3-5%) and other fees (underwriting, document prep, property inspections). Hard money loans will also typically lend 60-80% ARV so if you're only coming in with 20%, it might not be enough, depending on the specific lender.
http://www.privatemoneylendingguide.com/borrowers/...
Eugene