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: “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?” ARV CV LTV TLTV Points Rate Term 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? Ken from Milwaukee, “You’ve mentioned on the show that you know your daily cost of a project. How do you calculate that?”
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