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9 August 2024 | 2 replies
If you are looking at protecting your profit, you can have a prepayment penalty, that would be graduated, for instance, you could have a $50,000 prepay year 1, then $45,000 year 2 and so on until you get to year 10 with no pre payment penalty.Also for future reference you can get Fix and Flip loans without having to tap into the equity in your primary residence.
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9 August 2024 | 13 replies
(Now down to 42 accounts).It was a life saver during our first extensive IRS Audit, as they checked detailed ledger entries etc etc on all properties going back 7 years.
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8 August 2024 | 46 replies
A year has passed, and two of these properties have significantly drained my cash flow due to extensive repairs.
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8 August 2024 | 6 replies
., the roofers, the fireplace repair crew, and the carpet installers), there were numerous instances when Bildwise and its subcontractors did not complete tasks in a workmanlike manner.
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7 August 2024 | 2 replies
I have been seeing a lot more extensions from hard money lenders..
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9 August 2024 | 19 replies
If you get a 2/1 for instance, don't worry so much about the single bath, (most hotels/motels ahve 1 bath, right?)...
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12 August 2024 | 39 replies
For instance, I currently have a legacy tenant who is 20% under the market rate, and the proposal would make it very difficult to get market rent for that unit.
7 August 2024 | 0 replies
In escrow, 2 extensions done and expiring soon and my loan just getting it done but its not coming together now the total isnt quite enough. lf l walk l lose deposit $7500. l dont want to walk.What are my options?
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7 August 2024 | 0 replies
The Stowers Road deal was sourced through our extensive network of real estate professionals and off-market opportunities.