Trina Thompson
Mississippi Ramp Portal
7 September 2022 | 20 replies
How long does it take for the funds to be released to the lanlord?
Jerry Padilla
FHA Purchasing, FHA Cash-Out, FHA Rate and Term
3 October 2015 | 2 replies
Minimum of 2 years from Chapter 7 or 13 bankruptcy discharge Minimum of 3 years from Preforeclosure, short sale, deed in lieu, foreclosure from discharge date or release date.Down Payment Requirements The borrower is required to make a minimum down payment into the transaction of at least 3.5% of the lesser of the appraised value of the property or the sales price.
Kevin Kaczmarek
Is Note Carry-Back a Security?
22 November 2010 | 11 replies
After construction the notes are released when financing or sales close paying off the constructide side.
Alicia Marks
QOTW: Do you buy your properties in an LLC?
31 August 2022 | 27 replies
Those that claim anonymity - my guess is they want to be like celebrities - I have worked for several billionaires and many who are super wealthy - none go through any type of anonymity -only ones I know have been athletes and celebrities, oh and one women who I can see why as she was a Rockefeller.
Ben M.
Tenant pay renewal fee
30 September 2021 | 18 replies
If the tenant chooses not to renew, it just means they get a larger fee for releasing.
Hal Cranmer
My Listing is Declined by Zillow
25 February 2020 | 11 replies
The listing agent had the listing still active (and the agent had just switched firms) so I had to get in touch with the selling agent's former firm and get them to release the listing in Zillow.
Trent Rogers
Current Private Money Terms?
16 January 2023 | 12 replies
A couple of thought starters: - If a hard money loan, an example might be in the ballpark of 1-3 "points" on origination, 55-75% loan to ARV, with staged release of funds (some released on closing, additional funds released as the project demands the release of funds) plus 8-12% interest, paid monthly, with a balloon due upon refinance/exit (not to exceed 12 months). - If a private mortgage, an example might be in the ballpark of a 25-year amortization schedule, 5-10 year balloon, (contingent on the property appraising for at least the current/purchase price), 6-9% interest, plus perhaps some "points" on origination.
Thomas Butler
New Jersey Cash Flow Oppertunities
15 March 2016 | 4 replies
FWIW, I manage property specifically in NB. 7% flat fee, no re-leasing fee, no extra fees.
Alexandra Isenhour
How to proceed with abandoned cars on property
15 January 2023 | 15 replies
I hope you correct your future lease to say "no more than one car on the property, and must be up to date and licensed".I'd say there's a good chance someone walking by will release the handbrake and roll them into the street.
Nathan Harden
Owner Finance? Blanket Loan? DSCR?
16 January 2023 | 15 replies
Hard to get released if you want to sell one down the line.