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21 June 2024 | 31 replies
This has lead to increased competition for deals, naturally for higher prices.
23 June 2024 | 25 replies
So I think if wholesaling works out, the other projects would naturally line up.
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19 June 2024 | 4 replies
Unfortunately, Marriott generally restricts franchisees from incorporating other businesses into their interstate properties, although they do allow for more creative designs in urban markets.According to the STR report I commissioned for the five closest competing properties, their occupancy rates were 73% in 2022 and 75% in 2023.
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21 June 2024 | 25 replies
Some areas have conservation easements , you may cut a deal with the local government where if you put a restriction on the property to let it go natural they may pay you .
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20 June 2024 | 245 replies
That’s the natural progression for most people in life.
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20 June 2024 | 33 replies
We've made plenty of mistakes along the way given the nature of development and mixing that with hundreds of hands that become a part of the process with construction but reality is....at some point every piece of real estate was a construction project at one point.
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18 June 2024 | 1 reply
I am looking forward to growing my real estate team and winning together.Outside of real estate, I enjoy nature, traveling, family and friends time.
17 June 2024 | 8 replies
As I am building out my pro forma, I keep running into this headache as to whether I need to incorporate sensitivity tables.
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18 June 2024 | 10 replies
I like the warmth of natural wood with interesting grain.
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19 June 2024 | 32 replies
Both FNMA and FHLMC permit this, under the following circumstances: Notes: For all such transfers affecting mortgage loans purchased or securitized by Fannie Mae on or after June 1, 2016, the transferee is not required to occupy the propertya limited liability company (LLC), provided thatthe mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, andthe LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).The servicer must notify the borrower that a property transferred to an LLC must be transferred back to a natural person prior to any subsequent refinance application in order to meet Fannie Mae’s Selling Guide underwriting requirements.Citation: D1-4.1-02: Allowable Exemptions Due to the Type of Transfer (04/13/2022)Now, you will still have the Note and reporting in your name individually and will still be personally responsible for the mortgage and most likely, the manner of transfer will enable any litigant to pierce the veil of your LLC, but you'll have what you wanted, for whatever reason.