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19 September 2024 | 18 replies
We make money from value add features and services: credit card fees (ACH is 100% free), credit reporting for tenants, insurance policies (both renter’s insurance and landlord), our lease creation and e-sign feature.
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18 September 2024 | 15 replies
There are a lot of assets in Columbus that are basically turn key properties, and even if you have some minor renovations (5k-10K)I would recommend trying to go after an interest-free credit card AFTER you are approved and close for your loan.
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18 September 2024 | 6 replies
This is not a rescue type situation nor a new development type situation but rather an existing high occupancy project, but why can't a sponsor raise enough common equity?
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19 September 2024 | 2 replies
Refinance would raise the interest and term on the loan.
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18 September 2024 | 3 replies
Play the 'friend in common' card if possible.Regarding seller financing, I don't see this being a viable option since they are in default on their current loan.If funding could be an issue for you, take a step back and work on that first.
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20 September 2024 | 9 replies
So short-term equity lines, credit cards, etc. will start to feel that.
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19 September 2024 | 8 replies
I use competitor pricing as guide posts but since I've been operating for several years, I look at historical, year over year data for my own place and raise it a bit.
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19 September 2024 | 7 replies
If the cosigner/guarantor owns real estate for example, any unpaid judgement will become a lien on that property and raise the odds significantly for eventually getting paid.If the cosigner/guarantor doesn't have assets like real estate to go after all they are offering you is a promise and last I checked you can't cash a promise!
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18 September 2024 | 3 replies
If your in there partnership program they refer you to their client if they need to sell.its a one time yearly fee & any deal closed you pay $1500i couldn't find any reviews or much info on company outside of there website.courage to know if anyone has had any dealings with this company as I find it a little strange that they don't accept any credit card payments only zell or wire or ACH.
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18 September 2024 | 2 replies
Im making 85k on w2, $1,600/mo. mortgage, no car payments, no credit card debt.