Published: May 28, 2018, 6:30 p.m.
b'
FAR 039
Topics:
Real Estate News Investor Uh-Ohs Contractor Fails Investing SCAMS How do I calculate the costs of my deal? Emails:
Arianna from Long Beach: \\u201cI keep hearing about the 90-day flip rule. What is it? How does it affect me as an investor?\\u201d Dennis from Denver, \\u201cI\\u2019m 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?\\u201d ARV CV LTV TLTV Points Rate Term \\xa0
Look for: % 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? Doc fees? Blah blah blah fees? \\xa0
Ken from Milwaukee, \\u201cYou\\u2019ve mentioned on the show that you know your daily cost of a project. How do you calculate that?\\u201d'
