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14 September 2006 | 0 replies
I guess some of my concerns occur when I see a proeprty and I say it could only be bought for x dollars and it sells for 10K more.
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4 March 2007 | 1 reply
There are many more horror stories from international preconstruction investors just like here in the United States in all areas of real estate, who thought they found “the diamond in the rough” and invested their money, only to discover that one of the five situations listed above had occurred.
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28 November 2006 | 6 replies
Rehab portion of the loan typically not to exceed acquisition cost.Guarantee:Personal guarantee required.Loan Docs:After-Repaired-Value Appraisal (obtained by Onward Financial)(for each loan)Purchase and Sales AgreementSummary of Rehab Work to be completedTitle Policy (obtained by Onward Financial)Hazard InsuranceQuick Funding:Once a borrower has been approved, funding of investment properties can occur as quickly as 5 days.
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27 November 2006 | 11 replies
Well, the pressure problem seems to be occuring before the water gets to the valve as there was very little pressure coming out of the valve with no hookups.
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12 November 2006 | 0 replies
This deduction provides a tax shelter that can shield positive cash flow, as well as the equity buildup occurring through principal reduction on the loan, from taxation.
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2 April 2007 | 31 replies
These expenses don't occur every day, so many newbies pretend that they don't exist.
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18 October 2009 | 15 replies
These are rare indeed, but they do occur; when you have a subordination agreement, lien positions don't turn out to be in the chronological order in which things were recorded.
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5 August 2010 | 8 replies
When that happens the buyer is forced to refinance the property before the actual foreclosure occurs.
3 February 2007 | 2 replies
House " A" is a fix-up, and it occured to me that the tax advantages of using it as a rental for a year or so might outweigh the interest rate benefit of renter occupied.
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15 February 2007 | 4 replies
Don Beck gives you a lot of issues to think about and problems that could come up with some advice on how to try to stop them before they start and deal with them after they have occurred.