All Forum Posts by: Gil Amos

@Gil Amos I'm not clear on what you are borrowing. Is the rehab and purchase price being 100% financed. If that is correct, then you are not using cash but financing. 10% fee is high and that would go into the loan fee on acquisition.

Rehab and purchase price is 100% financed. 10% loan origination fee and 10% interest only payments. The goal is to pay off the lender with a cash out refi.

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Rehab and purchase price is 100% financed. 10% loan origination fee and 10% interest only payments. The goal is to pay off the lender with a cash out refi.

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Quote from @Eliott Elias:

It's used for using any loan, if you pay cash you will not pay any interest or closing costs to lenders.

The lender charges a 10% loan origination fee and 10% interest only payments. How can i include that in calculation while putting a 100% down payment?

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Using the BRRRR calculator, is the acquisition loan section set up for using a hard money loan? I would be making a cash offer - loan would be full purchase price + rehab, but the interest and other loan expenses disappear once you check the cash offer box.

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Hey everyone! I'm looking for tips to get onto wholesalers emailing lists. Google isn't really helping me much. Can you guys please let me know how you were able to get in touch with wholesalers in your area? I am specifically aiming to brrrr properties and believe having potential deals sent to me will be very helpful.

Thanks!

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Mobile, Alabama

I'm late to the party here. Will there be anymore meetups in the Mobile area?

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Mobile, Alabama

All Forum Posts by: Gil Amos

Gil Amos has started 3 posts and replied 7 times.

Post: BRRRR Calculator Question

Post: BRRRR Calculator Question

Post: BRRRR Calculator Question

Post: BRRRR Calculator Question

Post: BRRRR Calculator Question

Post: How to find wholesalers

Post: Dual Threat: The Investor-Agent