
11 February 2025 | 4 replies
Loan Costs, Deposits, and Escrows: Origination fees, application fees, third party reports, legal, insurance review, title & escrow, rate caps (floating rate loans), due diligence deposit, rate lock deposit, standard escrows, etc.6.

17 February 2025 | 13 replies
Short sale/Loss Mitigation applications with your agent can avoid foreclosure.

1 March 2025 | 7 replies
:)As for LTR rental terms, usually we sign a 1 year lease where tenants are expected to pay Electric and Gas if applicable, while the owner typically pays water/sewer/trash with the city.

18 February 2025 | 9 replies
As others have said a 1031 exchange, which allows for the deferral of capital gains taxes, is not applicable to properties held primarily for sale, such as a flip.If your goal is to defer taxes, you might consider holding the property as a rental for a period to qualify it as an investment property, which could then potentially be eligible for a 1031 exchange.

18 February 2025 | 17 replies
The great part about contacting the CDC directly (and a large one such as TMC) is they can make referrals to banks that would be interested in your project (i.e. banks that have been actively doing SBA hotel loans)...rather than you having to chase down the bank first, which can be very difficult.Regular commercial lending requirements are applicable (will vary by bank):1 - no bankruptcies2 - no foreclosures3 - FICO > 7004 - net worth >= loan amount5 - post closing liquidity >= 12 months of P&IIf this works out, you are going to be glad that you made this post.

18 February 2025 | 7 replies
.- Once you have a commerical activity license you can finally get your rental licensehttps://www.phila.gov/services/permits-violations-licenses/g...All of the above will be done using the eClipse online portal systemIf your property is built before 1978:The system will kick back your application and you will not be able to get a rental license until you get a Lead Safe test.This is when you will hire a licensed 3rd party to come out and doing a lead test for you.

24 February 2025 | 71 replies
@Michael Lyons @Sara Finley I have to agree with Sara here, because all of the really good schools are getting so many applications these days they aren't accepting out of geography applications.

8 February 2025 | 7 replies
Zillow has a rental application.

1 March 2025 | 8 replies
Recommend you have the VA do your marketing, answering calls/texts/emails, chasing down applicant documents, etc. but YOU need to finalize the screening/approval.Highly unlikely you'll be able to find & train a VA to do that part.

6 February 2025 | 3 replies
Hello,I am in Seattle area and I have a student applicant who is using a his mom as a co-signer.