All Forum Posts by: Marco Morkous

@Adam Lacey thank you

@Adam Lacey thank you

Hi all. I’m looking for a simple and reliable way to quickly run numbers on multifamily properties. Does anyone have a go to spreadsheet with its formulas for multifamily use? Thanks everyone

When calculating your NOI for cap rate- Do you guys include your monthly mortgage on the property as an expense? I've talked to people who do and people who don't.

@Joshua Janus the fear is you’re never really positive that you can ReFi right?

@Jason Hirko

Thanks for the insight. The deal has incredible cash flow either way. But the seller is negotiable on a smaller down payment which I why I see I’m considering it. With a bank I’d be looking 20% down, with the seller it’s more like 5-10% down.

I think we all know benefits of interest only financing as being lower payments higher cash flow. A seller has offered interest only financing for 5 years on a multifamily property.

Here’s a concern I have. With unsureness of the market and lack of equity due to not paying down the loan. What are the major risks and how would I reduce them?

Is it very common to use LOCs, whether heloc, business or personal to buy real estate? How many do this regularly?

Do you buy with the LOC basically same as cash then ReFi out later to pay back down the LOC?

Sorry a lot of questions in one.

@Rob Beeman so separate loans and separate contracts or just separate contracts?

When purchasing multiple properties as a package deal, is there a way to have it under one contract or does it have to be a contract per house?