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18 December 2024 | 11 replies
In 2021 we bought the building for $1.5M using private lenders, pushed the occupancy from 50% to 80% occupancy and it appraised for $3.125M, allowing us to pay back the private mortgage.Right now, we are in the predevelopment process of design and piecing together the capital stack for the redevelopment deal, which will be made up of historic tax credit equity, RestoreNY Grant, DRI Grant, etc.
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21 December 2024 | 7 replies
One pssible workaround might be exploring smaller community banks or credit unions.
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17 December 2024 | 20 replies
US Treasuries will not see their credit rating improve, and will, within the next 12-24 months get another (small) downgrade, inching up treasury yields.
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17 December 2024 | 36 replies
Do you have an idea of the total tax credits?
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10 December 2024 | 8 replies
Backstory: 22 years old about to get out of military after first contract. 70k cash saved up & 775 credit score, no debt.
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10 December 2024 | 6 replies
And more photos taken, same photos, and extra photos of any damage.
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14 December 2024 | 6 replies
I believe up to close to 40% down with a 720 or greater credit score on a conventional loan product could give you the best interest rate.
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11 December 2024 | 5 replies
It appears you are able to hold her responsible to cover damages and lost rent.
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11 December 2024 | 4 replies
Very satisfied with the results, operations and and the ability for both manual and automatic shut off before a leak can cause damage..
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15 December 2024 | 5 replies
Credit 700+, bank statements available, good liquidity position (almost enough in cash to purchase the property - but obviously know that's idiotic).