All Forum Posts by: Nick Stango

i need the webinar ID #, Anyone?

I signed up for the webinar but can't figure out how to get in. Help?

Cool! Thanks @Brandon Turner

I would like to become a pro member but was wondering if there are any promo codes available at this time. Anyone?

As a contractor I don't always go by what an appraiser might say because they might not know the area as well as me or my realtor and might not know the investment strategies that are being used in the area. They also may not have the rehab experience or know how to flip a property or take into consideration what type of rehab will be done on the property. I prefer to go over the appraised value and the ARV's with my realtor who deals with other flip investors and shows me the actual before and afters that I can physically walk through and knows what the numbers are. I also take into consideration that all realtors want to sell properties. I'm not saying that all appraisers are not good, just that you never know who you're going to get.

If I'm borrowing money from my brother for a flip, and I'm paying him 2 points and 12% is that considered private or hard money? He has some experience with real estate investing due to his good friend who owns over 50 properties that he helped manage, he is also very good with numbers, he is a financial administrator at one of the local schools. He could tell if a deal will work but always looks at a deal like: this might not work! Where I always look at a deal like: how can I make this work? I'm still careful when it comes to evaluating deals but I'm a contractor and I know how to stick to a budget, and also know how easy it is to blow a budget.

@Robert Perry It says when you hover over the button that you need a plus or pro account to use this feature. So I created a plus account but it still doesn't work.

I just upgraded my account to a plus account, but for some reason I still can create a PDF report from the house flipping calculator. Anyone know why?

Anyone else?

My brother is lending me money to purchase my first fix and flip for a pretty hefty interest rate, but my realtor needs a proof of funds letter, he wants me to find a property first and present the deal to him for his approval before he will give any form of proof of funds letter for that property. My realtor wants the letter so she knows I'm a serious cash buyer. How does this usually work? I've heard a few different things. Does anyone have some insight on this topic?