Real Estate News
How do I calculate the costs of my deal?
Arianna from Long Beach: “I keep hearing about the 90-day flip rule. What is it? How does it affect me as an investor?”
Dennis from Denver, “I’m confused by all of the terms of a hard money loan. Can you explain what they mean and how it works? How can I know what this is really costing me?”
% of purchase funded
% of rehab funded
Funding limit (as a % of the total project cost)
Additional fees: Draw fees? (inspection – $125-150 is reasonable).
Loan processing fees?
Blah blah blah fees?
Ken from Milwaukee, “You’ve mentioned on the show that you know your daily cost of a project. How do you calculate that?”