
14 January 2025 | 4 replies
., electrical, plumbing).Project Timeline:Start Date: For the portion of work they are completing.Completion Date: Set realistic deadlines for their tasks, adjusted to your overall project schedule.Liquidated Damages:Specify a daily amount to be deducted from their final payment if they fail to meet deadlines (with exceptions for factors beyond their control, like severe weather).

5 January 2025 | 17 replies
Look for distressed properties through online platforms or local agents.

12 January 2025 | 10 replies
The challenge we're facing is the lack of short term rental data for the appraiser, and we won't know if it will meet the debt service coverage ratio (DSCR) requirements until the appraisal is complete.Has anyone dealt with a similar situation?

15 January 2025 | 10 replies
Have to ensure that with taxes and insurance added you can meet the DSCR ratio needed but you should be able to refinance out of this one.

18 January 2025 | 15 replies
This could potentially meet your financial needs by itself as well as provide start up money to do flips or purchase buy and holds

8 January 2025 | 7 replies
If a bank does this, they have no flexibility in their lending and must meet Fannie Mae's and Freddie Mac's requirements in each loan.

12 January 2025 | 20 replies
Maybe attend a chamber of commerce meeting and ask around where development will start.

12 January 2025 | 23 replies
Yes, there are masterful things to learn but the basics of how to brrrr or flip or wholesale aren’t rocket science and I’m so grateful for the free knowledge available thanks to this platform.

2 January 2025 | 29 replies
So far, I've rated Evergreen and FCI lowest based on a number of reviews on different platforms that have consistent negative reviews mentioning certain specific issues that I find concerning (this is after accounting for the inevitable disgruntled customer/borrower who gets unjustifiably upset).Are you able to share any of your information?

14 January 2025 | 3 replies
You have the tools and mindset that work with larger scale commercial so I would network until you meet someone who may let you run some of their deals with them and see what they look like in person.