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31 March 2020 | 7 replies
If this indeed is the case, without alternative action taken, it is my opinion, work will shift dramatically to W@H or employment sectors enabling quarantine measures.Furloughed workers from the Hotel, Restaurant and Travel industries will not be able to provide for their families on the 1-2 months of stimulus as I expect this to last longer then 1-2 months.
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18 August 2020 | 4 replies
You're enabling the sale of real estate in expectation of a fee.
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1 April 2020 | 2 replies
We are starting to receive some requests for either a reduction in rent or enabling people to pay a portion and pay the balance when they can.
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16 February 2020 | 16 replies
My portion of the commission enabled me to effectively cancel out the cost of furnishings!
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13 February 2020 | 8 replies
This can inform how much equity you provide in return2) Partnerships are a big part of most of the success stories on BP so embracing that mentality early can enable accelerated scale3) I like arrangements where incentives are aligned so it’s a positive that your GC cares about the project outcome and value created as much as you do4) With 4 kids and a full time job you may want to include some passive investing via syndicates in your strategy.
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4 September 2020 | 8 replies
A few points: Per the Fannie may guidelines for the “delayed financing exception”, you can borrow up to 75% LTV, OR your initial purchase price (this can include closing costs), whichever is LOWERLots of people have had success with including rehab costs on their HUD / closing statements, so that the second part of the above guideline isn't the limiting factor, enabling a BRRRR-type strategy without having to wait the full 6 month seasoning period.
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28 March 2020 | 6 replies
I am gathering that borrowing in my LLC using a commercial style 30yr for purchases and refinancing is better as it will enable me to write off the mortgage payments as well as prevent my DTI from rising too high, is it worth the added points and interest in most cases?
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1 March 2020 | 0 replies
This enabled my bank to wave the traditional 6 month seasoning period and refinance the loan immediately.How did you add value to the deal?
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10 March 2020 | 10 replies
Closing costs and realtor commissions are a part of the game. Real
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9 March 2020 | 6 replies
The purpose of this product is to enable you to make your money go further and possibly do more than one project at a time (if you wish).