Robyn Thompson Bootcamp

Post on 21-Jan-2017

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Transcript of Robyn Thompson Bootcamp

Robyn Thompson’s

Junkers to Millions Boot Camp

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Financial leverage

Straight forward terms

Customer Service

Fully Capitalized

Benefits of Working with Lima One Capital

Cortney Newmans

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Traditional Hard Money vs. Lima One

Cortney Newmans

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1. Receive application

2. Borrower underwriting

3. Receive PSA and Rehab Budget

4. Request appraisal

5. Request initial inspection

6. Order closing

How It Works

Cortney Newmans

Who is Lima One Capital?

Who is Lima One Capital?

Before

Client Down Payment:$23,780

Loan Amount:$98,924.80

1Who is Lima One Capital?

Sales Price:$191,000

Client Profit:$53,508.44

After

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1918 Main StreetAtlanta, GA 30337

Sales Price: $180,000

Purchase Price: $77,000.00

Rehab Budget: $45,000.00

Down Payment: $24,600.00

Monthly Payment: $1,108.64

Lender Fee: $3936.00

Loan to ARV: 57%

Before

After

Example

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Purchase Price: $77,000Rehab Budget: $45,000

+ Closing Costs: $1,000

Total Costs: $123,000

Total Costs: $123,000 x Down Required: 20%

Down Payment: $24,600

Calculating Down Payment

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Total Costs: $123,000- Down Payment: $24,600

Gross Loan Amount: $98,400

Gross Loan Amnt: $98,400x Origination Fee: 4%

Lender Fee: $3,936

Gross Loan Amount: $98,400+ Lender Fee: $3,936

Total Loan : $102,336

Calculating Lender Fee and Total Loan Amount

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Loan Amount: $102,336.00x Interest Rate: 13%

Total Annual Interest: $13,303.68

Total Annual Interest: $13,303.68 12

Months

Monthly Payment: $1,108.64

Calculating Monthly Payment

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Loan Amount: $102,336 ARV: $180,000

Loan to ARV: 57%

Calculating Loan to ARV

1918 Main Street

Contract Sales Price - $180,000.00

Minus Down Payment – $24,600.00Realtor Fee - $10,800Loan Amount - $102,366Interest Payments (5 Months) - $5,543.20

Profit - $36,690.80

1918 Main Street

What Lima One made:

Origination: $3,936.00

Monthly Interest: $5,543.20

Total: 9,479.20

What our client made:

Profit - $36,690.80

Return on Investment: 121%

Rental30 Benefits

Long Term Rentals = Long Term Financial Security

Build your portfolio Future wealth and security

Cash flow & Passive income

Program Highlights

30 year fixed/6.5-8%

Low Minimum Loan Amount of $45,000

No down payment up to 75% LTV

Close Quickly

Credit score as low as 630

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Income

Depreciation

Equity

Appreciation

Leverage

Advantages of the Rental30

Cortney Newmans

http://robynswebinar.com/lima

How do I get Started

Questions?