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5 September 2024 | 4 replies
If the work is not 100% complete by the end of the Escrow period, may implement a .50% (on total loan balance) extension fee that will cover an additional construction term of 60 days.
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5 September 2024 | 2 replies
Frustratingly, those projections are released at the exact same moment as the Fed's rate decision and there's every chance that September's installment will cause some volatility in the bond market.For instance, if the Fed's projections are surprisingly friendly, mortgage rates could fall sharply on Fed Day and many uninformed onlookers will falsely conclude that the Fed rate cut was the thing that did the trick.One caveat to all of the above is that these conclusions are only as good as the market's understanding of the Fed's probable course of action.
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2 September 2024 | 32 replies
For instance, De Soto, KS, has Panasonic's $4 billion EV battery plant, while the Northland is seeing a $1 billion Google data center, and Meta is developing an $800 million data center between Gladstone and Smithville.
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3 September 2024 | 0 replies
This deal came to us through our extensive network, with our partner Rodney Lomax bringing the opportunity to the table.
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3 September 2024 | 4 replies
Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.
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5 September 2024 | 9 replies
I personally like doing BRRRs on multi-family homes that need work but not extensive remodeling.
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3 September 2024 | 7 replies
Awesome thanks had to do extensive research as the banker confused the hell out of me or was just trying to sell me a refinance.
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5 September 2024 | 19 replies
For instance, if you tell me the entire $100K is going to be needed in 2 years to be the down payment on your primary residence", I'm going to advise a different investment type than if you tell me "the money only needs to return me an annualized 8% gain, I don't need the money for at least a decade, and I want zero management or oversight."
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5 September 2024 | 26 replies
There was an extensive article written about this last year that I posted on this forum when the same exact topic was brought up.
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4 September 2024 | 14 replies
Currently have a 24 year tenant, who has agreed to a new 3 year extension, where they take care of all utilitites, lawn service, snow removal and minor maintenance up to $400.