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All Forum Posts by: Kyle Ransom

Kyle Ransom has started 66 posts and replied 214 times.

Post: No Money Down Available Finance For New Construction TX Only

Kyle RansomPosted
  • Investor
  • Atlanta, GA
  • Posts 241
  • Votes 86

Seasoned Single Family Home Builders In Dallas, San Antonio, Fort Worth TX Area Only

For viable projects single-family home projects.

Cash is provided upfront you pay interest and fees when project is complete

Land must be fully encumbered and ready to go vertical

If you need funding to prep the land we can help

Submit your project executive summaries to [email protected]

Or call us at 470-362-7887 x3  

Post: 200+ units @ TN 8.80 % CoC

Kyle RansomPosted
  • Investor
  • Atlanta, GA
  • Posts 241
  • Votes 86

200+ units @ TN | Area C | Property B | 20.82 % ROI | 8.80 % CoC

Get The Details Here

Post: I have 100k. What should I do?

Kyle RansomPosted
  • Investor
  • Atlanta, GA
  • Posts 241
  • Votes 86

I think a better question is what do you want to do? How you want to leverage your money that best fits your desires preferences and goals. Buy and hold is a great wealth builder but do you think you would like managing properties and dealing with tenants for the $10K a month income? What really drives you?

If you are concerned about downpayment money consider starting out with Airbnb. You can do this buy prospecting landlord who may be willing to sublease their property for a premium rent then host the space. I don't do AirBnB yet but everyone I talked to makes good money even more than if they were to rent. It costs less to start up the buying a property outright? 

Just a thought. 

Post: Borrowing against property.

Kyle RansomPosted
  • Investor
  • Atlanta, GA
  • Posts 241
  • Votes 86

Hi Burt, if you have good credit then you have options. Yes, you can leverage your equity by getting a cash-out refi on your properties with good interest rates. I would recommend not to over-leverage them so you have a hedge against market downturns while maintaining good cash flow and cash on cash returns. Most lenders will do up to 70%-80% LTV on a cash out refi but I would try to stay at or below 70% if you can. This what I have learned from my own personal experience.

Another option is to consider getting a personal line of credit or term loan if your personal income permits. 

Yet another option is to get a private investor who would be willing to invest cash for a return on their money. Most investors will want anywhere from 7-9% return on their money. You can just pay them back once you refi your property after you complete the rehab. Looks like you are getting great deals there. A private investor would be happy to work with you I am sure. I see you're an RN. Know any doctors wanting to invest?

Bottomline get access to as much cash as possible. I hope this helps.

Post: No Income Verification Commercial Real Estate Loans

Kyle RansomPosted
  • Investor
  • Atlanta, GA
  • Posts 241
  • Votes 86

75% LTV on multifamily/mixed use, up to 75% LTV on 1-4's and commercial type 2

Loan Amounts to $2MM on SFR 1-4 Properties (Including Condos)

Loan Amounts to $5MM on Commercial Type 1 (Apartment Complexes) and Type 2 (Regular Commercial)

3Y and 8Y ARMs – NO BALLOON

Interest Rates as low as 6.75% (w/ Buydown)

Funding to Foreign Nationals

Funding to LLC's and Corporations

Visit: https://ureaholdings.com

Post: What would you do with a million?

Kyle RansomPosted
  • Investor
  • Atlanta, GA
  • Posts 241
  • Votes 86

Invest it in small apartments, Cryptocurrency and AirBnB properties

Post: Frustrations with Seller Inaccuracies

Kyle RansomPosted
  • Investor
  • Atlanta, GA
  • Posts 241
  • Votes 86

I feel your pain I just had a deal blow up because the NOI that was stated was not what it was in the financials and the changed the MAO from $39K a unit to $25K which the seller didn't accept. I don't understand why some sellers want to inflate numbers hoping to sell their properties. But I do agree it is frustrating no doubt,

Post: Commercial Loan: 7/20, 7/25, 10/20, 10/25

Kyle RansomPosted
  • Investor
  • Atlanta, GA
  • Posts 241
  • Votes 86

I would go for the long term. Since the interest rate is low you can keep your low-interest rate even if the interest rates start to rise which many economists are predicting will happen within the next few years. so there is that. You will also save in cost to refi since you won't have to do it as much. 

Post: Need Help Evaluating a Small Apartment Complex

Kyle RansomPosted
  • Investor
  • Atlanta, GA
  • Posts 241
  • Votes 86

Hi Brad

I would be happy to share a spreadsheet that I use to quickly access a deal if you like. Just PM me

Post: New Apartments Available Oklahoma County OK 125 Units

Kyle RansomPosted
  • Investor
  • Atlanta, GA
  • Posts 241
  • Votes 86

125+ units @ OK | Area B- | Property C | 25.21 % ROI | 13.55 % CoC

Other properties available right now

 75+ units @ NM | Area B+ | Property B | 31.10 % ROI | 11.66 % CoC

25+ units @ IL | Area C | Property C | 74.49 % ROI | 34.94 % CoC

175+ units @ MI | Area B+ | Property C | 66.31 % ROI | 24.24 % CoC

75+ units @ OR | Area B | Property D | 39.60 % ROI | 14.98 % CoC

200+ units @ MS | Area B | Property A | 21.53 % ROI | 10.91 % CoC

Get The Details Here