All Forum Posts by: Vishal Gadhia

Welcome to BP. You can and will find great references and knowledge base here.

Leverage to a point where it is sustainable and can get you a good night's sleep is what is the best way to use it.

Yes, with over leverage you can try and grab as much, but then, the risks are higher. I consider with @Mike McKinzie and his rules are great way to analyze your financial positions.

Agree with @Ben Leybovich and @Aristotle Kumpis

Its very important how you want to vision this as your real estate business in the future. If you are doing one or two properties, umbrella does not matter. If you are looking to convert this to a business and go commercial financing then set it up now do that you don't have future hedaches

Welcome to BP @Jeremy Sandlin, please feel free to post any questions or concerns

@Sean Richway, what are the PPP terms, I get the 20% per year with no penalty, what is the start rate of PPP and how does it fall down every year?

@sean richway both are separate properties with almost close ARV and LTV

You mentioned 30 year amortization does that mean the loans are principal and interest loans. 

Does the interest rate get better with better credit score

Are there any points on the loan? 

@sean richway both are separate properties with almost close ARV and LTV

You mentioned 30 year amortization does that mean the loans are principal and interest loans. 

Does the interest rate get better with better credit score

Are there any points on the loan? 

Hello:

I have two rehabs in progress right now. Both are SFR that I purchased with cash and is under rehab.

I am seeking or looking for private money investors, who can lend upto 75% - 80% LTV @ 7-9% interest for 1-3 years. The loans shall be backed with a promissory note and 1st lien on the mortgage.

Both the projects that we have are around 120K all in costs with ARV's between 140-150 on each of them. There is enough sweat equity in the projects.

Please let me know if you are interested,  and I would be more than glad to talk more details.

Thanks for reading!!!

Hello @Kyle Sheahen, Welcome to bigger procket. Good to know you have taken your first and best step in joining Bp and your returns are going to be infinite amount of education and advise from fellow investors. 

@Brandon Turner thanks for post. I am thankful to you and Josh for working off and creating such amazing content for the subscribers of the website.

Will definitely reach out as and when needed for help.

Keep up the good work.