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All Forum Posts by: Joshua Kavadi

Joshua Kavadi has started 16 posts and replied 48 times.

I would like to if its worth to buy this property as a Investment in to fix it and flip it 

1253 Gatewood Drive Dr,Lawrenceville, GA 30043

Post: Contractor for different jobs

Joshua KavadiPosted
  • Atlanta, GA
  • Posts 52
  • Votes 17

Dear All,

I am looking for a competitive  price contractor who can work on LVP Flooring (Install new one)., Install kitchen cabinets, counter tops, Back splash in Atlanta ,GA . you can directly CALL ME AT 734-799-3500

Thanks

Joshua

Post: Contractor for Roofing , LVP

Joshua KavadiPosted
  • Atlanta, GA
  • Posts 52
  • Votes 17

Dear all,

I need a contractor who can fix roofing, do Flooring LVP , install cabinets in Stone Mountain ,GA in next 2 days .

please call me 734-799-3500

thanks

Joshua

Post: Contractor in Atlanta

Joshua KavadiPosted
  • Atlanta, GA
  • Posts 52
  • Votes 17

1981 , I am doing fix/flip property in Stone mountain GA .I guess partial

Post: Contractor in Atlanta

Joshua KavadiPosted
  • Atlanta, GA
  • Posts 52
  • Votes 17

thanks will contact them.

Post: Contractor in Atlanta

Joshua KavadiPosted
  • Atlanta, GA
  • Posts 52
  • Votes 17

Hi ALL,

I am looking for a reliable contractor for my fi/flip project in Atlanta ASAP .Any recommendations would be a great help in need.

my direct ph is 734-799-3500

Thanks

Joshua

Post: Insurance agent in Atlanta

Joshua KavadiPosted
  • Atlanta, GA
  • Posts 52
  • Votes 17

Hi ALL,

I am looking for a Home insurance for my property in Atlanta area  with competitive  rates for 6 months . Any recommendations greatly appreciated .Ph : 734-799-3500

Thanks

Joshua

Post: Regarding Hard money Loan

Joshua KavadiPosted
  • Atlanta, GA
  • Posts 52
  • Votes 17

thanks Ryan

Post: Regarding Hard money Loan

Joshua KavadiPosted
  • Atlanta, GA
  • Posts 52
  • Votes 17
Quote from @Mike Klarman:

Well Josh, if your credit is good and you have some experience you should be able to get 85% or so leverage.

Now, there's a ton of HUD fees that are outside of the lending: property taxes, transfer taxes, title charges, sometimes the wholesale fee is not included in the leverage cause it throws the equation off.

What is the ARV?

That's the other obstacle that can affect pricing. If you are buying at 180k. How much work does it need? What is ARV?

Multiply the ARV by 70% then subtract your rehab budget. What's left is what the lender can offer you in leverage on the purchase.

Mike, the work is about 40 to 45 K. ARV is 300 K so 300 subtract 225 K plus Lender fees, and closing cost .

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