Build to Rent Financing. How to Get Up to 100 Percent Funding for New Construction Rentals

Подписаться 30 тыс.

Просмотров 73 тыс.

50% 1

Building new construction rentals comes with it's set of challenges but there are also many advantages to this business model. One of these advantages is the leverage you're able to get when doing new construction vs. buying existing, stabilized assets. This training video goes over 3 Financing Scenarios: 1) Buying Stabilized 2) Building New 3) BRRR (Build, Rent, Refi, Repeat). We also show you where to go to get construction and permanent financing for build-to-rent projects, the metrics your lenders will look for, and more!
Helpful links:
Test Drive Rehab Valuator Premium: RehabValuator.com/try
More Development & Investing Content: RehabValuator.com/developers
Make sure you subscribe to our channel!

Опубликовано:

7 июл 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 213

@1mgb 3 года назад

Can't believe this video is free.... 🤯

@RehabValuator 3 года назад

Believe it :)

@stevenseagal4987 3 года назад

I’ve been looking for technical financial information in regards to real estate operations. This is extremely solid information. Much appreciated.

@RehabValuator 3 года назад

You're welcome and thanks for the great feedback!

@BredBlessed83 9 месяцев назад

I’m 2 years late… I’m Grateful for the pertinent information….. Peace & Blessings Thank You!!

@RehabValuator 9 месяцев назад

Never too late! :)

@pa-zx5ct 2 года назад

PERFECT!!! exactly the information I've been looking for. Thank you!

@waynenunn7319 2 года назад

Exceptional video with all the hard core information and calculations that other only talk about. Really appreciated, hope to use it in Williamsburg, VA.

@samrei6223 2 года назад

This is awesome! I’m glad I found this channel!

@RehabValuator 2 года назад

Glad you found us too! :)

@RicardoSanchez-jg5un 3 года назад

Incredible amounts of knowledge in 1 video.... Thanks for this video!

@RehabValuator 3 года назад

You're welcome, Ricardo! Thanks for the great feedback!

@hannahcasey1999 Год назад

Wow!! Amazing information. So happy I stumbled on this channel. Was looking to build a quadplex in Louisiana and now I know exactly what steps to take. Thank you so much for sharing your hard earned knowledge!

@RehabValuator Год назад

You're welcome, Hannah and glad you found our channel!

@raymondsmith2404 Год назад

Daniil all I can say is that you're truly amazing. Your training videos and software are the highest quality and a dream come true. I will certainly be a premium user. Thank you!

@RehabValuator Год назад

Appreciate the kind words, Raymond! Means a lot!

@user-ur7kw9wt3n 27 дней назад

I’m 4years late! Currently a Law Enforcement officer looking for something different, I’m really interested in the development side of RE! Thanks for the videos

@RehabValuator 27 дней назад

never too late. Time IN the market is way more important than timing the market. Remember that!

@user-ur7kw9wt3n 27 дней назад

@@RehabValuator do you have like a discord or class I’m scrambling RN with just trying the first step

@RehabValuator 27 дней назад

@@user-ur7kw9wt3n we have a group mentoring program that meets weekly on Zoom, with a private FB community for answering questions. That's probably your best bet. Not solely focused on development but rather broader real estate: RehabValuator.com/inner-circle

@hex131 2 года назад

Thanks for your effort. We do appreciate that.

@Allan2go Год назад

Top-notch presentation, no ego just hard work, well done

@RehabValuator Год назад

Thank you!

@SigifredoCoria 11 месяцев назад

Your videos are the best my man very thorough and detailed !

@RehabValuator 11 месяцев назад

Thank you!

@ronaldvaughn7087 3 года назад

Wow!! Thanks A Million Mr. Kleyman, This Was An Excellent Free Video Tutorial On Creating Real Estate Wealth, What A Great Gift & Blessing You're Sharing With Many

@RehabValuator 3 года назад

You're very welcome, Ronald!

@primelifeconsulting 2 года назад

Love your videos. Very in depth.. Easy to understand

@RehabValuator 2 года назад

Thank you!

@sanctuarydreamhomeswithlin2078 3 года назад

So much awesome information Daniel thank you for a look at how you are working your business! I will be following up with you regarding this 😀

@RehabValuator 3 года назад

You're welcome! :)

@MichaelDillin 2 года назад

Like what you are doing especially the lack of pay for class. Free add supported yt is great. Subscribed liked and shared.

@RehabValuator 2 года назад

Glad to have you here! And thanks for the great feedback!

@surjs3599 Год назад

Thx for the video. I’m about to develop my first mid rise and appreciate your effort and knowledge. 🎉

@RehabValuator Год назад

Awesome! Congrats on that project and good luck!

@chrishatton1176 3 года назад

This is great information. Very clear.

@RehabValuator 3 года назад

Thank you! Glad you like it

@kampaninipot9458 Год назад

Thank you! You are a gift from the real estate gods!

@RehabValuator Год назад

Now that's a compliment! :)

@merchant297 6 месяцев назад

Wao. Daniel you are pure gold. I am loving your videos. You are providing such good value.

@RehabValuator 6 месяцев назад

I appreciate that!

@Uniquess09 11 месяцев назад

Wow 👏🏽 Thank you!!!

@darwincrawford8821 2 года назад

This is fantastic. Thank you!!

@RehabValuator 2 года назад

You're welcome!

@avelinalindawan6218 Год назад

Great info and guidance thanks!

@RehabValuator Год назад

You're welcome!

@leeroach3381 7 месяцев назад

Very helpful Thank you for sharing

@RehabValuator 7 месяцев назад

You're very welcome!

@michellerivera5419 Год назад

This was great!! Thank you

@RehabValuator Год назад

You're very welcome, Michelle!

@luisanthonyrios401 3 года назад

Incredible video on real estate development. You covered all the major items in a clear way for everyone to understand. Thank you for sharing your knowledge.

@RehabValuator 3 года назад

Appreciate the kind words, Luis!

@Concretedesignandrepair1 3 года назад

Powerful Video!

@RehabValuator 3 года назад

Thank you!

@luisbourdierd5497 2 дня назад

thank you for this information

@RehabValuator 2 дня назад

You're welcome!

@americaunited6174 4 месяца назад

Excelent presentation brother. The best..... 🎉🎉🎉🎉

@RehabValuator 4 месяца назад

Thank you!

@lovefamilytravel Год назад

amazing!!! very interested 🙂

@amonratpeavy9717 2 года назад

Thank you .you are so wonderful.

@care.nuegado Год назад

Yeah make it look so easy

@jonellison2835 2 года назад

Love this

@roythillberg3650 3 года назад

Great info!

@RehabValuator 3 года назад

Thank you!

@TxRealtorSA Год назад

This is WAY above the level that I am at the moment. Going to be there in a year or so!!

@RehabValuator Год назад

Let's go!!

@TxRealtorSA Год назад

@@RehabValuator I'm about to put a 10acre infill parcel of land under contract. (I Should have watched your "Starting from the end" video first to put a value on the land. I probably overpaid)

@jonellison2835 2 года назад

This is so awesome. I’m doing this. I just bought 4 lots

@RehabValuator 2 года назад

Awesome!

@economicdevelopmentplannin8715 Год назад

Great to learn this strategy. But definitely have to be motivated to learn it. 3x leveraged ETF of nasdaq has moved 45% yearly, without any special knowledge or skills.

@AlexPhamYouTube Год назад

Young developer here and this is great. I only have 3 units now at 22 years old but looking to build apartments soon. Located in boston. Thanks for this information

@RehabValuator Год назад

3 units at 22 ain't nothing to sneeze at, Alex! I wish I started that early! - Daniil

@AlexPhamYouTube Год назад

@@RehabValuator Thank you Daniil. I have been consuming all your content. Do you have anything on duplex conversions with single families in convertible duplexes? Would I get the property with hard money with a construction loan, and refinance after the conversion? I am meeting with architects and contractors for a potential project about 25 minutes from the heart of Boston. Thank you

@RehabValuator Год назад

@@AlexPhamRU-vid given what the rates are doing right now, you should try to lock in your perm rate asap. So best bet is to find a local bank that will give you rehab loan for the conversion that then rolls over into a perm loan after that. And see if they'll lock in perm now. Banks are pulling back from doing this so it's harder to do. But the alternative is being at the mercy of the market when you are finally ready to refi and rates being higher (potentially)

@AlexPhamYouTube Год назад

@@RehabValuator Thank you Daniil. I will reach out to local banks now. I appreciate that. I will let you know when I finish the project!

@Creekbeyond 2 года назад

Highly interested in this.

@thomsieloff3463 3 года назад

YES!!!!

@jasmikko 9 месяцев назад

Please make more of this

@RehabValuator 9 месяцев назад

Working on it! :)

@eerice4750 2 года назад

I love the channel, your videos are exactly the kind of detailed info I am searching for before diving into my first property. I hadn't really thought much about build to rent before coming across your channel. My one big question about it though is contractor license requirement. Does VA require an owner-developer that builds 1-4 units to be held for rental be a licensed contractor? I'm also in RVA ,do you think the Richmond market is just too hot right now for a new investor to get into it?

@RehabValuator 2 года назад

Some localities allow you to build properties as an owner without requiring a GC license. Most do require a GC license to build, especially anything more than a single fam. My advice is to work with a GC or get licensed. As for whether RVA is too hot right now, it's certainly hot. But so is the rental market, so if you can build the right product at the right cost, you'll do well. It comes down to finding land at the right price in a good location. That's the trickiest part right now. Used to be able to buy lots almost anywhere but now land is much scarcer and getting bid up.

@babysisdolls3336 3 года назад

i am interested in developing senior housing so this is great info

@RehabValuator 3 года назад

Awesome! That's a great niche to be in!

@leondracharleau4137 Месяц назад

Thank you

@RehabValuator Месяц назад

You're welcome!

@livingingreenvillenc6904 3 года назад

Pretty cool system

@RehabValuator 3 года назад

Thank you!

@LROSAN2023 9 месяцев назад

Hello Daniil, due to Amazon HQ2 moving into our area, the county now allows building up to 6-units in order to provide housing to the influx of new residents. I own a 6000 s.f. corner lot with a 1920 single-family house and a shed on it. I need help from the beginning to the end of the project. I need all the help I can get in the subject, and am glad I came across your video. Thank you so much. This is my retirement so I need to make sure it will be a win-win situation at my age. Any comments and suggestions would be greatly appreciated.

@RehabValuator 9 месяцев назад

Start by doing a feasibility analysis: Determine as-built value of what you will build, back out your costs and profit margin and figure out if what your currently have in your single family deal exceeds the land value. Basically make sure it makes sense to tear down the house and build new. Watch this training if you haven't yet. That's a great place to start: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-Mxvyo_bjZ4M.html

@brandenchatman8539 10 месяцев назад

this is gold

@RehabValuator 10 месяцев назад

We agree :)

@forfreedomssake4315 3 года назад

Thanks :)

@Dumeme510 7 месяцев назад

You're the best. You are practical and real. Ton of information. I'm building in LA. Do you have any comments about the LA market based on what you know? Thank you so much.

@RehabValuator 7 месяцев назад

I appreciate the compliments! Unfortunately don't know much about building in LA other than have heard there's a lot of red tape and CA is not a landlord-friendly state

@Dumeme510 7 месяцев назад

@@RehabValuator thank you for all you do. I will subscribe to your software when i resume work next year.

@jaynesj11 Год назад

Thank you so much for these videos. Is there a way to access the powerpoint slides?

@RehabValuator Год назад

No. Sorry

@uhhcrave 4 месяца назад

Hi Daniil! The 2 Duplex case study is amazing - but not only the analysis but the actual plan of the 4 duplexes is beautiful. Was that plan custom made with your architect or made from a preexisting plan?

@RehabValuator 4 месяца назад

Thanks. All custom made drawings with a local architect.

@alexmozmtl 9 месяцев назад

Awesome content. You glimpsed very quickly over the "buying the land". Do you have a video about finding the money to buy land? You said cash, JV partner, etc., but could you provide details on it? That's where I'm stuck at the moment. Thank you!

@RehabValuator 9 месяцев назад

I don't have anything more detailed about $ to buy land but can add that to our list of topics for future videos!

@alexmozmtl 9 месяцев назад

@@RehabValuator please do. I didn't see anyone talking about it in detail. Thank you.

@danielgoodall5682 Год назад

This is Awesome THANK YOU #Prp✝️💜✝️

@RehabValuator Год назад

You're very welcome!

@3089280288 2 года назад

I have my eye on an old nearly empty strip mall that needs to be razed and replaced with rentals. May 60 to 90 units

@RehabValuator 2 года назад

Awesome! Get to it! "Repositioning" deals are some of my favorites. Extract a higher and better use from a property than what's there now.

@Chopper8472 3 года назад

Financially what makes you prefer build2rent given that the current development cost are soo high /sqft, and the brrrr could give you almost the same returns or even better at much faster

@RehabValuator 3 года назад

In order to BRRRR you have to find cheap enough rehabs, which are few and far in between. Instead I BBRR (Buy, Build, Rent, Refi). Given the construction costs right now it's hard to pull out 100% of the cash right away but you can pull out a chunk and get the rest out in a few years.

@RehabValuator 3 года назад

Also I would add that new construction is in many respects easier than rehabbing, more predictable and allows you to create better floor plans and product than rehabbing existing buildings. If you can buy rehabs below replacement cost, then it makes sense to BRRRR. Otherwise new construction will give you a better product with less maintenance going forward.

@Wired1200 3 года назад

Yes the costs are high so you have to be smart and build apartment complexes 50+units. You can also get tax credit from the government if you build apartments and rent them out to low income families or individuals.

@robertsugarland Год назад

Daniil: do you send the report/,presentation of the deal to your partner/ investor BEFORE you send it to your lender/bank? or simultaneously?

@RehabValuator Год назад

Hi Robert. Personally I usually own the land before I pitch the bank on the construction funding. But you can do it in any order. Put the land under contract, present the deal to your partner and lender at the same time. Line up equity partner first, then go after bank funding, etc.

@devonhyung2073 2 года назад

What is your monthly cash flow if you finance all the construction I feel thatd you be breaking even at most

@ivanov568 11 месяцев назад

@16:45 why are operating expenses so high ($2310)? If this is only a 6 unit and most likely only needs like 600/mth management fee. Are you factoring in insurance and taxes in opex?

@RehabValuator 11 месяцев назад

A 35% operating ration is pretty normal. You can do better (high 20s) but heavily depends on real estate taxes and how efficiently you operate. And yes that includes taxes, insurance, cap x reserves and all other operating expenses including management fees.

@Is.19 3 года назад

Is there anyway to get more information on the units at 1:47? These units look awesome.

@RehabValuator 3 года назад

Hi Isaac. I did a separate long video on that project here: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-7EGuj_IFBS4.html

@CokeysCasino 2 года назад

Do you have any info on the 4plex design to the left (white) in the beginning of your video?

@RehabValuator 2 года назад

I have an entire training on that project as a case study here: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-7EGuj_IFBS4.html

@josephluka8163 5 месяцев назад

Thanks for the video ,I want to demonstrate that however my knowledge is limited.I have a scenario, visited our local bank.....how can we get in touch and dialogue further.

@1234celestec 3 года назад

hi daniel, all i need is $5500 to qualify for the wish program for 1st time home buyer programs, how can i make this possible before sept, I saving now and have about 1/2 of it?

@CesarSanchez-jq7fd Год назад

Great video Daniil do you have any lenders you would recommend in the va area ?

@RehabValuator Год назад

Cesar - I would talk to every community bank in your area that you can. The landscape shifts regularly and it pays to talk to a lot of them to know who has best rates/terms in any given time

@CesarSanchez-jq7fd Год назад

@@RehabValuator sounds good I'm in the Richmond area as well like you. Maybe interested in purchasing a duplex from you in the future or building one out to owner live in one and rent the other out.

@Bigboss539 3 года назад

Liked, subscribed, and this is my comment. My question is... you didn't seem to bring up DTI ratio. Every lender I have spoken to won't look at the deal on it's own without considering my personal income, and I go to great lengths to keep my personal income looking low on paper. How do you get the lender to look at the deal on it's own merits? -Nate Y

@RehabValuator 3 года назад

I kept the focus of this video on deal-specific underwriting. How your bank/lender underwrites you personally is a separate topic. But yes, your personal income and balance sheet comes into play when underwriting these deals, especially the smaller (under $5mil) full recourse loans. If your income isn't strong enough to get a loan, consider bringing in a partner

@1PercentBetterConstant 3 года назад

@@RehabValuator how would you go about finding a solid partner? For someone who has the plan but can't get financing

@RehabValuator 3 года назад

@@1PercentBetterConstant Best partners come from personal relationships you build and it's easier to build those relationships locally, in person. Network. Get to know people. Find people with same goals but a complimentary set of resources to what you offer (they have $ and you have time/experience)

@darwincrawford8821 2 года назад

My lender wants a 1.35x DSCR. Structure is a little different but the deal stands on its own

@darrenrubendall3020 3 года назад

Do these have garages? Doesn't look like they do, but I could be wrong.

@RehabValuator 3 года назад

Hi Darren. No garages

@dmitryg6353 Год назад

Year ago 4.5% interest rate would have been a safe assumption. However assuming you'd move forward and finished construction now, you're looking at a 6 - 7% interest rate. Most lenders lowered their LTV limits closer to 65% and they seem to like 20yr amortization vs 25yr. In summary you'd probably be handing keys back to bank upon completion. Especially if you're not a seasoned investor and have ability to withstand such a setback. On other hand these assumptions two years ago would have turned out better and you'd have a homerun deal. A lot can change in a year if you don't have fixed financing upfront

@RehabValuator Год назад

Lol. Bro. Literally none of what you're saying above is accurate. It's currently 8-28-22. We are funding dealing in the mid 5's all day long. 25 or 30 year am. 75 LTC. Literally working 5-6 deals like that right now and so are countless developers I know. If you have good banking relationships and know what you're doing, there's still very favorable money out there.

@dmitryg6353 Год назад

@@RehabValuator It's great you're still finding favorable term out there. Relationships and track record are certainly very important and helpful. However most people who know what they're doing and have established relationships are not watching "how to" videos on RU-vid. Its awesome that your lenders are still providing favorable terms and rates but a lot of lenders I speak with have tightened up over last month or two and with fed tightening, lenders will continue to tighten as well. Certainly something newer investors should be aware of specially if using short term financing structures. I just came across your channel, overall advice is solid

@RehabValuator Год назад

@@dmitryg6353 no doubt lenders are tightening up. Without question. But 25 year and 30 year am money is out there still even for non-established investors for the right deals. There are still lenders out there who haven't tightened LTVs and are looking to put money to work. You just have to look harder. That's the point I am making. Glad you found our channel!

@dmitryg6353 Год назад

@@RehabValuator Sound good, if I find a great deal I'll hit you up for a lender referral 😁👍🙏

@greeksun369 2 года назад

If I wanted to build a mult family establishment, as an owner, would I need a builder's license or any other type of certification?

@RehabValuator 2 года назад

You'll most likely need a GC license or to hire one. Some counties allow people to build on their properties without a license but from what I've seen it's rare, especially for multi-fam

@novesituipulotu6894 8 месяцев назад

Can i use this soft ware in New Zealand

@RehabValuator 8 месяцев назад

Yes absolutely!

@JesseCracksMTG 2 года назад

What if I already own the lot? I happen to recently buy a duplex with an empty lot next to it in ETJ.

@RehabValuator 2 года назад

Jesse - that's awesome. If you own the lot free & clear, then you can bring it to a local bank as your equity and most likely get them to fund most if not all of your construction budget. Think of the land as another form of a downpayment. Instead of bringing cash to the deal, you're bringing land that's worth a bunch of $. That's your skin in the game. We do this all the time.

@JesseCracksMTG 2 года назад

@@RehabValuator I will look into this with my credit union here in Texas first, hopefully they can help :) Thank you so much!

@SabrinaThompsonProAngler 2 года назад

does this work for single home build projects too?

@RehabValuator 2 года назад

Of course!

@thomasdeen8629 6 месяцев назад

Is cash on cash the main key return metrics for you? If so, what’s the minimum CoC you look for to move forward with a deal? What about IRR? Which return metrics takes precedence?

@RehabValuator 6 месяцев назад

Correct. We typically look at what a stabilized 1st year cash on cash will be. These days I'll settle for anything 5% and up. Don't really pay attention to IRR in deals where we don't have LP money invested. IRRs enter the conversation if we're talking to equity investors, which is rarely

@thomasdeen8629 6 месяцев назад

@@RehabValuatorso when people say “oh I don’t touch a project unless I make 20%” what are they referring to? Because I am working a deal that’s coming in at 4.56% CoC and I am confused if I should move forward with that deal or not. IRR looks healthy and cap rate is around 7.56% in a 6% cap rate environment. But 4.56%? That doesn’t sound too intising… I don’t get how others are getting 20%?

@RehabValuator 6 месяцев назад

20% is likely referring to A) Profit margin if they're selling or B) Sweat equity created if they're holding. That's a totally different metric from cash on cash return. If you're building to rent, you should aim to create 15-20% sweat equity Day 1 (difference between As-Built Value and your total cost). But that same deal can have a 5% cash on cash return - that's just what your cash tied up is earning Day 1. I am ok with 5% because on top of that I get depreciation, amortization, and appreciation. So long term IRRs will still hit north of 10% in a good deal. Does that make sense?

@thomasdeen8629 6 месяцев назад

@@RehabValuatoryeah makes sense. What’s a good cap rate, IRR, that you like to see to press forward with a deal?

@RehabValuator 6 месяцев назад

@@thomasdeen8629 I don't typically look at those. Just look at cash on cash return

@youtubecarspottersguide1 2 года назад

your forgot still have to quify and make payments on the const loan,

@RehabValuator 2 года назад

Correct. This video assumes you can qualify for funding. Goes without saying. And yes you will typically need to service the construction loan monthly and you'll need cash for that.

@freespirit2520 Месяц назад

Thanks for the vid. However you not mentioning the cost it will cost us to get the loans in your scenarios. Monthly, yearly. there is an interest rate and that need to be factored in your cost to build. Which will bring your cost up and profit down... pls advise as we all need these bits and pieces which matter A LOT. I mean you can eat up all your profit on these #s alone.

@RehabValuator 22 дня назад

Pretty sure I address cost of money in this video. Rehab Valuator software certainly takes all that into account when calculating profitability. Have you signed up for at least a free account yet?

@gillesdeclerck 8 месяцев назад

How feasible is it now with a higher interest environment?

@RehabValuator 8 месяцев назад

Still feasible but numbers are definitely more challenging. That's why we provide the Rehab Valuator software so you can run deal feasibility in real time on any project!

@robertsugarland 2 года назад

Daniil, do you go first to a local community bank with your presentation and numbers and once pre approved you go and ask for the down payment from your private investor who will also lend you money for the land? Shall I go 50/50 with my private lender even if I didn’t put money down but will do all the work?

@RehabValuator 2 года назад

We don't use private lenders for downpayments but it's probably a good idea to have those conversations concurrently: your debt and your equity partners. If your equity partner (private money partner) puts up all the equity, you can definitely argue that a 50-50 split is fair. I've seen everything across the board though.

@robertsugarland 2 года назад

@@RehabValuator Ok, got it, so if my Private Lender puts all the cash for the lot plus the 10% or so down payment (Equity) for the Construction Loan, I can still go 50/50 ? since I will do ALL the work that you mention in your videos…

@RehabValuator 2 года назад

@@robertsugarland seems fair

@robertsugarland 2 года назад

@@RehabValuator Thanks, Daniill. I will buy your Software sometime this year. Can you tell us how to find lots (best strategies) and how long it can take a construction permit for a fourplex? Thanks, Daniil.

@RehabValuator 2 года назад

@@robertsugarland no...can't teach you that in the youtube comments section :)

@TheChester927 Год назад

Ok, I want to do this… that was Chinese to me lol I need help! I got the cash, I just need help to get started.

@dylandodd2103 2 года назад

In a new construction loan, are there banks that would approve a $750k loan if I buy land for $50k or less?

@RehabValuator 2 года назад

Not enough information

@od4407 3 года назад

Wouldn’t your construction costs go up if you decided to do 2 bdrm vs 1 bdrm?

@RehabValuator 3 года назад

Good question! Yes, marginally. I mention that in the video - that I am keeping budget same for sake of simplicity. In reality if you keep sq ft same and do 2br instead of 1br, your costs go up a bit. If you expand the size of the building they go up more. But the #s in this example would still work really well for a 2br. Not so much for 1, as you can see.

@od4407 3 года назад

@@RehabValuator Right on, this is great info. Honestly I walk away so confident and knowledgeable from your videos, thanks!

@collinmiller8866 2 года назад

Okay but how to find lots of land for 100k that allow 6 unit apartment buildings... lol if you can find a property for 8x that in Rochester MN you'd be lucky

@ziggyc4474 Год назад

Any videos on how to buy land and subdivide it ?

@RehabValuator Год назад

Yep. I talk about it here in 2nd half (deal sourcing): ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-gbnX7SpuX78.html

@RehabValuator Год назад

Also cover it here too: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-7EGuj_IFBS4.html

@ziggyc4474 Год назад

@@RehabValuator thanks a lot videos are great

@RehabValuator Год назад

@@ziggyc4474 you're welcome!

@diondrabrown7 2 года назад

For someone whose looking to get into real estate investing and want to build and rent, does this require any licensing??

@RehabValuator 2 года назад

You don't need to be licensed to be a developer. But to actually build you typically do.

@diondrabrown7 2 года назад

Thank you for responding so quickly!! I recently applied for my LLC waiting for it to be approved. I also signed up for your rehab valuator software you created. Planning to purchase premium under my LLC. Anyway, I didn't plan to build, I was going to hire a experienced contractor, would I still need a license? I've been watching some of your videos started yesterday. Is there any advice you can give me please, since I'm just starting? Thanks so much in advice!

@RehabValuator 2 года назад

@@diondrabrown7 you don't need to be licensed if you're hiring a licensed contractor. They'll apply for permit.

@RicardoSanchez-jg5un 2 года назад

Do you offer consulting/coaching program?

@RehabValuator 2 года назад

Hi Ricardo. Not one on one consulting or coaching but we do offer additional free education on development here: www.RehabValuator.com/developers and the Rehab Valuator software to help you with every step of the way

@RicardoSanchez-jg5un 2 года назад

@@RehabValuator thank you I will look into this !

@justinhaller2055 8 месяцев назад

How do the numberscheck out with 8% loan in 2023?

@RehabValuator 8 месяцев назад

Not as good but deals are still getting done. Get Rehab Valuator software and run the numbers for yourself! :)

@flutterproperties3564 Год назад

Where do I get the free software?

@RehabValuator Год назад

www.RehabValuator.com

@colindolan2073 Год назад

Can I schedule an appointment with you? Do you have a office

@ajgamez3027 3 года назад

Daniil, how can I reach you directly. I have some questions.

@RehabValuator 3 года назад

Sign up for Rehab Valuator - at least the free version. You'll then start getting emails from me and can reply to any one of them. I read them all. www.RehabValuator.com

@luisbourdierd5497 2 дня назад

I need this excel program

@RehabValuator 2 дня назад

Not an excel program :) Much more than that. You can create an account here: RehabValuator.com/pricing

@jakevids9458 3 года назад

no body is going over the cost of lumber and how it effects building rentals

@RehabValuator 3 года назад

Not really what the focus of this video is about. Our costs are definitely rising but so are the market rents and the values/appraisals of the product once built. Things go up. Markets change. That's why you need to learn proper deal analysis and underwriting, which is one of the things we teach. That way you can make informed decisions about proceeding or not proceeding with deals.

@piecesofme8531 3 года назад

Didn't realize you could still build cheaply enough and afford to keep it as a rental...

@RehabValuator 3 года назад

Still can! Of course it depends on a million factors like cost of land, your market rents, etc

@frustrated181 2 года назад

I guess I'm lost because I don't have money and my credit isn't great I cant even qualify for a regular traditional home loan.

@yeoldgamer Год назад

Hello fellow cash strapped friend, which part is confusing?

@frustrated181 Год назад

@@yeoldgamer I guess finding a investor who would do100% funding no down payment. Everyone I've talked to require a huge down payment

@yeoldgamer Год назад

@@frustrated181 He touched on it briefly, but it comes down to private investors. The big key here is having the land or acquiring cheaply. Re-watch the portion near the beginning with scenario 1-3.

@johnnieblunt6387 2 года назад

what is your office number in richmond?

@RehabValuator 2 года назад

Why do you need our office number?

@johnnieblunt6387 2 года назад

@@RehabValuator i want advise on a project i want to do in portsmouth , Va , I want to build a duplex over a store front

@RehabValuator 2 года назад

@@johnnieblunt6387 if you call our office you're going to get my support staff who can't advise you on development. And I rarely get on the phone, even with paying clients unless they're paying me a LOT. I am all for helping people - that's why we put out a ton of free content. But I am not getting on the phone with everyone who wants to chat. I'd get nothing else done.

@RehabValuator 2 года назад

@@johnnieblunt6387 sign up for the Rehab Valuator Premium software (we use this for development daily) and then the Rehab Valuator Inner Circle (which is a very affordable monthly group mentorship we do for our software clients). We have a dedicated FB group there where you can ask questions and post your deals. I usually answer in there pretty quickly. www.RehabValuator.com

@johnnieblunt6387 2 года назад

ok thank you

@Arthur-Silva 2 года назад

The balloon or reset thing is horrible.

@RehabValuator 2 года назад

In this interest rate environment it's pretty dangerous. Right now we aren't doing any deals unless perm rate can be locked in for at least 7 years or longer.