Tony Pellettieri
Possible Solution to a Friends HML in default - Deal Analysis
31 January 2024 | 2 replies
This property is right next to our farm area and in a highly appreciating area, so Actual Post Construction Market Values in Deal Analysis at bottom will likely be higher than estimates when project is complete.HML Loan Payoff $72,000 + Builder owed $30,000Purchase Price of the two acres of cleared land & small house $93,000Post Construction EMV of Lot/House #1: $379,000 - 1398 sqft single story ranch style @ $220/sqft + small House on 1 acrePost Construction EMV of Lot/House #2: $307,000 - 1398 sqft single story ranch style @ $220/sqft on 1 acreThe builder had said the remaining amount, to complete the first house, he would require would be approximately $185,000.
Vasundhara Ranjani
Investing in Multi-Family to Generate $10K-12K per Month in Cash Flow
31 January 2024 | 14 replies
Overall STR's tend to maximize rents again as long as location is in a hot zone.The other options is to find a more or a luxury style property that you can again use as an STR as long as it is approved with the HOA or area in general.
Josh Hall
Where to purchase flooring?
30 January 2024 | 4 replies
They have several styles available and it is easy to install.
Grant Rangel
Where do I start?
30 January 2024 | 2 replies
A loan officer can create their own annual salary but a DFPI is more of a regulation style desk job with a "Set salary".I have been on the Banker side for 17+ years and have also been a loan officer years ago when I owned my own mortgage branch.
Adam Eldaoushy
Best Books To Pick Up for A Beginner Looking to Learn From Credible Sources
30 January 2024 | 1 reply
I learn best by reading and taking hand notes, I don't believe a course is the best fit for my learning style.
Eric DeNardo
Anyone Use Zillow Home Loans??
30 January 2024 | 3 replies
Looking at their model as a lender for me does not offer much comfort knowing its more than likely tied to a "Call center" style experience.
Marco-Dane Samuels
HVAC system replacement
30 January 2024 | 13 replies
If you are in a climate zone that makes a heat pump appropriate (they work and save money even in Michigan) they will have environmental, comfort, and financial benefits for the home's occupants.This price seems reasonable for a 2.5 ton installation.
Christopher Mooney
HELOC - Most Important Things To Consider?
1 February 2024 | 38 replies
You're probably pretty intelligent, but your communication style detracts from that and could use some refinement.Back to the point here, we all have to leverage something to leverage traditional financing on a property don't we?
Dane Barrick
Tax Deed State-Buyer Beware Checklist
29 January 2024 | 9 replies
Environmental concerns - manufacturing, underground storage tanks, etc.Was there an active bankruptcy case for the owner when the sale occurred that could void the sale?
Cindy Joseph
Weeds in pavers
29 January 2024 | 17 replies
I would simply find some environmentally friendly weed killer and (most importantly) deterrent.