All Forum Posts by: Philip W.
Philip W. has started 4 posts and replied 7 times.
Post: Need Proof of Funds

- Real Estate Investor
- Posts 8
- Votes 0
Where could I go to obtain a proof of funds for a multifamily investment, up to $20M, which will allow me to then put the project under contract, and allow me to proceed to line up my financing?
Post: Using Craigslist to find apartments

- Real Estate Investor
- Posts 8
- Votes 0
that kinda info is never "free" is it huh?
Post: Using Craigslist to find apartments

- Real Estate Investor
- Posts 8
- Votes 0
Can you give some quick examples of these government sites to download 100,000 lists Duncan? What are the urls?
Post: Occupancy Rate and Offer Price - How Much?

- Real Estate Investor
- Posts 8
- Votes 0
This is good input from both of you guys. Thanks... i'll definitely consider what you're saying while moving forward
Post: Occupancy Rate and Offer Price - How Much?

- Real Estate Investor
- Posts 8
- Votes 0
Considering all the other investment metrics turn out to be favorable, how exactly do you figure in the occupancy rate of a potential multifamily investment into what your offer price vs Seller's original asking price will be?
Post: Debt Service Coverage Ratio and Cash On Cash Return - No Loan to Calculate?

- Real Estate Investor
- Posts 8
- Votes 0
How can I calculate DSCR and CoC prior to making an investment if i do not currently have a loan on the property? Don't I need to know exactly what my loan will be before I can calculate this accurately? I have not spoken to any banks or private money yet but I know these are important metrics that need to be figured out before I approach them. How do I get a handle on these numbers beforehand without an already existing loan?
Post: Mortgages under $100K

- Real Estate Investor
- Posts 8
- Votes 0
I have come accross a number of properties that i and some collegues would like to purchase....Is there anyone that can facilitate a purchase of these SFR under $100K...Or is it just a high pricing issue? Any information would be helpful.