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9 December 2024 | 0 replies
Once we were able to obtain those statuses it has been booked pretty solid.
12 December 2024 | 4 replies
Based on location and some rough math, he's definitely looking for market value (stabilized asset) vs the current condition.
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11 December 2024 | 5 replies
Another we work with will take a new deal that was $500k, they may lend full amountore but they would also need to cross collateralize as well on other assets that would have to be atleast 2-3x value of the property.
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17 December 2024 | 13 replies
They actually failed to pay taxes in 1983 as well according to the follow up article below. 2 years later in 2017 the County reversed the sale voting 7-4 against “these out of town speculators trying to make a big payday” and for the fine people of their district. https://www.sfgate.com/politics/article/SF-supervisors-to-vo... well if the county sups could unravel it then the rules have certainly changed from my days of buying CA tax sales in the 60 70s and 80s.. once they went to bid 4 assets and away from the live auction the screaming deals were done.
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12 December 2024 | 5 replies
I agree with Carl, you should remove this post and work with your attorney to obtain legal advice.
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11 December 2024 | 68 replies
Last resort and the most difficult-find a hard money lender, but come with a plan on how you are planning to make him/her obtain a profit.
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16 December 2024 | 17 replies
Not every trailer is built the same nor is every park in the same location, but more often than not they are a depreciating asset.
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10 December 2024 | 14 replies
The cash flow is poor for this value of an asset and my equity position.
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11 December 2024 | 8 replies
Hard money, which is most commonly from an institutional lender (either a broker with a white label setup or a lending firm), is generally available, but you will need to meet experience requirements to obtain funding from these kinds of lenders.
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11 December 2024 | 0 replies
They provide strong asset protection, separating your personal finances from your business.