All Forum Posts by: Robert Shepard
Robert Shepard has started 3 posts and replied 8 times.
Post: [Calc Review] Help me analyze this deal
- Posts 8
- Votes 1
*This link comes directly from our calculators, based on information input by the member who posted.
Post: [Calc Review] Help me analyze this deal . . . What am I missing?
- Posts 8
- Votes 1
This was helpful Jaycee, thank you.
Post: [Calc Review] Help me analyze this deal . . . What am I missing?
- Posts 8
- Votes 1
What do you suggest for the vacancy? Also, that makes sense, I need to include some estimated cost for trash, cleaning of common spaces, landscaping, and parking pad repairs.
Post: [Calc Review] Help me analyze this deal . . . What am I missing?
- Posts 8
- Votes 1
6 units, (2) 2BR-1Bath) and (4) (1BR-1Bath) . . . Could potentially be a 4 unit with substantial reconfiguration.
Post: [Calc Review] Help me analyze this deal . . . What am I missing?
- Posts 8
- Votes 1
*This link comes directly from our calculators, based on information input by the member who posted.
Post: [Calc Review] Help me analyze this deal - Are the CLOSING Cost Estimates HIGH!?
- Posts 8
- Votes 1
Quote from @Russell Brazil:
Quote from @Robert Shepard:
*This link comes directly from our calculators, based on information input by the member who posted.
Very dependent on the state and local jurisdiction, as things like transfer and recordation taxes vary greatly. If the property is in DC, where you are from, then your estimate on closing costs is high by $5-10k.
Ill also note, you arnt getting any property in the DC area with a $460k price spread between acquisition and exit prices.
Post: [Calc Review] Help me analyze this deal - Are the CLOSING Cost Estimates HIGH!?
- Posts 8
- Votes 1
Quote from @Jaycee Greene:
Quote from @Robert Shepard:
*This link comes directly from our calculators, based on information input by the member who posted.
No closing cost necessary on this deal from the hard money lender. Closing cost is about 4% on the buying side and 8% on the seller side of the deal.
Hey @Robert Shepard, welcome to the BP Forum! Are those closing costs inclusive of the costs charged by a Hard Money Lender?
Post: [Calc Review] Help me analyze this deal - Are the CLOSING Cost Estimates HIGH!?
- Posts 8
- Votes 1
*This link comes directly from our calculators, based on information input by the member who posted.