All Forum Posts by: Joe Villeneuve

@Jaycee Greene yes they did discuss it being cross-collateralized. I just was wondering what the pros/cons would be in going this route. 

The pitfall is that if your house does appreciation the APR of the loan is VERY high. Do you NEED the cash? if so, a cash out option will be much cheaper in the long run. If you need the money AND cannot qualify for a cash out HEI is an option but just know it is expensive.

 This is easier said than done. My offices sit on the main floor of one of my apartment buildings. 

Hi all, she has no late fee now. She paid on 1st this month. I have no idea what’s the F. She mean, but I believe she mean is is going to pay late in future all the time. 

This is the same tenant won’t let me raise her rent and I had to explaint to her , I have inflation cost to take too. Is just constant request from her. 

@Tina Lee I would let her know that if she pays the rent on time then there won't be any issues with late fees.  

OP. As Joe mentioned you have to do the math. Forget all of our opinions. Until you do the math anyone can be right or wrong. The things you're being told aren't opinions. They are based in many deal analysis and experiences. You have at least 3 different REI math analysis you need to be good at before even trying an REI deal And even then you reach a point where you just have to do a deal to advance your learning.

1.  Risk/return

2.  Cash flow, cash in cash, cap rate, return type calculations

3.  Financing-  let’s do financing since that is the one you are discussing  

You have $100,000 to invest      
A. $100,000 on one deal. With an LTV of 50%. $200,000 deal in total.

B. Do two $50,000 deals at LTV of 10% or two $500,000 deals.

If A and B perform the same which one do you have the potential for the most Appreciation and Cash flow the two primary REI metrics? If A and B value goes up 20%? If A and B cash flow at 1%?

Does A or B give you the best return?  Even with that answer you still have to consider 1 and 2 above.  

 In one of your posts your considering investing in Syndications.  Just the above are only about 3 out of 50 deal analysis questions you need to know and answer.  

Each responder has a different REI type, risk tolerance, return specs, stage of their investment career. You need to spell your background out then ask for input. You will get a great and useful response. All of the investors above have probably made over $500,000 of either errors, lost deals, etc. But that was part of our learning processes.