With a private loan, your partner can earn a 10% interest rate on the loan amount, providing a steady return without the complexities and risks associated with property management or market fluctuations.

Try contacting APPL Association of Private Party Lenders to see if they can help you.

:In accordance with the City of Chicago Building Code Title 14B:14B-6-601Table 601Type V-A construction:Floor Construction and Associated Structural members:The table notes a 1 hour fire resistance rating; however, in accordance with exception (g):"In single family dwellings, the floor construction over basements and unexcavated spacesbelow the first story above grade plane is not required to have a fire-resistance rating."

Do you have enough years in to take the broker test or have you already passed that and are an associate broker at a firm?

Hey everyone, I recently moved to Dallas a month ago to start my career in wealth management as a client associate, working 40 hr weeks, with an above average salary.

For example, we want a minimum of $10,000 in the account associated with our fourplex an 2x single-family rentals.  

Any insight on this process or forming condo association would be helpful.- What would you do if you were in my situation? 

The official source I was able to use is the National Association of Realtors site and it shows Multi-family market cap rate of 6.1% for 2024 Q1 (2023 Q4 was 5.7%).

This ordeal has shed light on the risks associated with relying solely on fintech apps, particularly those that operate without a banking license and depend on third-party banks for processing.

Most of the other regular costs associated with the loan apply... appraisal, doc fees, county taxes, etc.