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24 September 2024 | 4 replies
Can the spouses participation be combined?
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25 September 2024 | 6 replies
When starting out, I think you should at least be able to get to your property several times within the first couple of years to en reasonable amousure everything is set up and functioning properly.
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25 September 2024 | 0 replies
The deal with Mattress Warehouse addresses antitrust concerns raised by the FTC, which has challenged the merger, fearing it would stifle competition and raise prices.Tempur Sealy expects the acquisition, combined with the divestiture, to solidify its market dominance, with over 2,800 retail locations worldwide.
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27 September 2024 | 40 replies
Honestly the high fees combined with lack of transparency and high appraisal costs, a whole month of UW (longer than normal), etc. would make me want to switch lenders right away because IME the lenders with high fees and high appraisal costs who drag their feet like this also tend to be the ones to continue delaying, have things get stuck in underwriting, say one thing while delivering another, have poor communication especially between UW and origination, bad customer service, can't close when they say they will, etc. and it can be a total nightmare.
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24 September 2024 | 0 replies
Oh and by the way, yes I tried the manual function where you put in all of the acct and routing #s yourself through the system.
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24 September 2024 | 2 replies
Purchase price: $133,000 Sale price: $315,000This was a combination of strategies, but ultimately a successful flip.
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26 September 2024 | 11 replies
With the lower LTVs offered by senior lenders these days, it may be tempting to look at preferred equity and it may make sense since technically it is cheaper than LP equity, but also keep in mind they have a higher liquidation preference (obviously) but will often want all the cashflow (or a majority of it) to come to them before the LP investors and will also want large reserves, so make sure you model out the cashflows and understand the end-to-end deal with the preferred equity investors.We have some institutional investors with whom we did a combination of a pref and JV deal and it worked quite well for everyone including them and the LP investors.
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25 September 2024 | 1 reply
A combination of mortgage notes for cash flow and desirable properties in high appreciation areas (not cheap, undesirable properties in the Midwest.)
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27 September 2024 | 47 replies
If he has tons of time on his hands and wants to get his hands dirty, flipping could be an option as well, with a combination of his money + private money.
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25 September 2024 | 7 replies
I would recommend a combination of a house-hack and an investment property depending on your current cash position, short-term and long-term goals.