All Forum Posts by: Tim Kimball

Has anybody ever heard of Karl Capili of Keco Capital? https://kecocapital.com/  What is their reputation? Are they legitimate lenders?

Thanks for those answers. Both are quite helpful. The point about the multifamily properties is very interesting. That was not immediately obvious to me. But it makes a lot of sense

I was watching the "90-day challenge" webinar and David was saying that it's not necessary to "buy the dip". I understand the rationale for this. But, how do you deal with the potential for the equity in the property to evaporate in a down market? Seems like it would be a bad situation to be in the middle of a BRRRR project when home prices drop off significantly. If you're into a project with some hard money and you can't get the valuations to refinance successfully, you're going to be paying a lot in interest. The only thing I can figure is that you have to buy the property cheap enough to have some built-in equity