@davidchoi.biz: Whether it’s a $22,000 deal or a $22,000,000 deal, the foundations of underwriting are the same 💻 We have the opportunity to take down a 52 Unit new construction deal, so our underwriting has to be on point to make sure the deal pencils out Understanding comparable rents in the area, our loan to value percentage, taxes, insurance, management fees… These are the building blocks to real estate finance. This is what determines whether or not the investment is sound and the proposed project is a deal... And this one looks like a grand slam 🤑 . . . . . . #realestateinvesting #coldcalling #howtocoldcall #realestateinvestor #newarknj #realestateinvestor #wholesaling #wholesalerealestate #newjerseyrealestate #realestatenj #coldcalling

David Choi
David Choi
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Region: US
Tuesday 02 July 2024 17:03:19 GMT
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sidebebejob
Sidebebejob :
Financing, Site, C/S, interior fit out, and soft costs for $180/ft all in? Where is this unicorn field located? 😂
2024-07-02 21:49:11
108
jimmylegz
Get apples :
lol 5.75 cap rate is keeping it safe in this rate environment???
2024-07-03 01:02:56
1
sunsetblvd001
Sunny Dlite :
Who are you calling on the little play phone
2024-07-03 02:17:08
2
_ian_john_
_ian_john_ :
5% management fee? Who?
2024-07-02 21:44:45
25
simonc0198338
Simon Charbonneau :
LEGEND
2024-07-04 01:24:14
3
gagolfdude
GaGolfDude :
Is the 5.7 the refinance rate you are hoping to get?
2024-07-02 21:33:06
4
butterfade23
Edwin Napieralski :
Can you run some numbers for me on one?
2024-08-23 02:07:38
0
b.moore54
b.moore54 :
Well well well
2024-07-02 20:19:09
3
hibluehipiper
HiBlueHiPiper :
I also play in my mind so many games where I am a billionaire
2024-07-03 00:02:31
19
erick_hndzz
Erick’s Shop :
$180/SF, are you building in the south?
2024-07-03 02:06:36
43
theinsurancegirl
Theinsurancegirl :
Insurance looking a little low because you’ll need property + builders risk for a buildout
2024-07-02 21:40:37
6
mariahorbyk
Maria Horbyk | Channeler 🌀❤️ :
can you share the calc template if possible? or maybe can we buy?
2024-07-03 10:17:12
3
n10c1ty
N10C1TY :
Idk where you building at that would cost $180 sq ft. Where I live, it’s costing around $300k a unit
2024-07-02 20:23:11
2
eagleny21
Eagle18 :
Show your screen 📺
2024-07-10 15:39:32
1
gregbcomedy
Greg Brown :
Where they paying $2250 for 1 bedroom
2024-07-08 12:36:36
1
kyletieman
Kyle Tieman :
I have a deal in Palmdale CA I’d love to pitch you.
2024-07-02 19:18:50
3
letsgomets23
Nick :
You have to UW a reassessment of taxes
2024-07-02 23:46:26
2
lampfather
Lampvader :
2250!!!
2024-07-02 20:11:02
4
michaelbroom660
michaelbroom660 :
That 5% management fee is low my boy.
2024-07-02 23:45:22
1
markferris01
Mark Ferris :
Subdivide them into condos on a partial release mortgage carry your own financing + Charge HOA fee and 10x your 💰
2024-07-02 20:07:27
2
grayar3a
grayar3a :
3500 a month on any 3 bedroom is criminal
2024-07-04 05:02:16
11
lairbearsteppa64th_nem
Moncler Mitts :
Goat
2024-07-02 18:58:45
3
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