8 December 2024 | 1 reply
Most focus on rate and amount of cash to close but bad loan administration or bad loan administration policies may cause the project to be far more capital intensive if viewed beyond day one of funding.
5 December 2024 | 4 replies
They sound like regular conversations where the RE professional/investor is genuinely interested in discovering the seller's pain points to help find a solution.All the best!
8 December 2024 | 8 replies
@Matthew BrownYou can find real estate agents and cash buyers on Propstream and I believe you can pul 10,000 contacts per month.
8 December 2024 | 2 replies
I’d be very grateful for any advice or recommendations on how best to approach these modifications.Also if I were to refinance in the future to pull out cash from the property, is this something that banks could refuse to lend on if I have code violations of lets say a wall that was moved or removed?
8 December 2024 | 14 replies
I now have $300k+ equity plus positive cash flow.
8 December 2024 | 8 replies
Can you rent it and get your PITI covered all in with the rehab and have some cash flow?
8 December 2024 | 26 replies
If you're worried about cash flow, put enough money down so that a current estimated rental price after the home is renovated will cover the mortgage and property manager costs.
7 December 2024 | 7 replies
All were going to be either cash flow neutral or negative cash flow.
7 December 2024 | 6 replies
We front the cash to start the reno then they reimburse us for the work completed.
10 December 2024 | 36 replies
Now granted a very well cash up client of a commercial bank can get a rehab loan. but 90% of those out there that get them from PML or HML would never get approved at a Commercial bank.