@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
Region: US
Tuesday 02 July 2024 17:03:19 GMT
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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
Get apples :
lol 5.75 cap rate is keeping it safe in this rate environment???
2024-07-03 01:02:56
1
Sunny Dlite :
Who are you calling on the little play phone
2024-07-03 02:17:08
2
_ian_john_ :
5% management fee? Who?
2024-07-02 21:44:45
25
Simon Charbonneau :
LEGEND
2024-07-04 01:24:14
3
GaGolfDude :
Is the 5.7 the refinance rate you are hoping to get?
2024-07-02 21:33:06
4
Edwin Napieralski :
Can you run some numbers for me on one?
2024-08-23 02:07:38
0
b.moore54 :
Well well well
2024-07-02 20:19:09
3
HiBlueHiPiper :
I also play in my mind so many games where I am a billionaire
2024-07-03 00:02:31
19
Erick’s Shop :
$180/SF, are you building in the south?
2024-07-03 02:06:36
43
Theinsurancegirl :
Insurance looking a little low because you’ll need property + builders risk for a buildout
2024-07-02 21:40:37
6
Maria Horbyk | Channeler 🌀❤️ :
can you share the calc template if possible? or maybe can we buy?
2024-07-03 10:17:12
3
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
Eagle18 :
Show your screen 📺
2024-07-10 15:39:32
1
Greg Brown :
Where they paying $2250 for 1 bedroom
2024-07-08 12:36:36
1
Kyle Tieman :
I have a deal in Palmdale CA I’d love to pitch you.
2024-07-02 19:18:50
3
Nick :
You have to UW a reassessment of taxes
2024-07-02 23:46:26
2
Lampvader :
2250!!!
2024-07-02 20:11:02
4
michaelbroom660 :
That 5% management fee is low my boy.
2024-07-02 23:45:22
1
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 :
3500 a month on any 3 bedroom is criminal
2024-07-04 05:02:16
11
Moncler Mitts :
Goat
2024-07-02 18:58:45
3
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