
10 December 2024 | 4 replies
I believe they changed the guidelines years ago on the amount of seller assist you can receive on an FHA loan, so I’d look into that with your mortgage company before making an offer, but definitely use that to your advantage when writing an offer!

11 December 2024 | 15 replies
Sorry, you do.It is because of the definition of personal use.

11 December 2024 | 6 replies
Definitely an eye opener.

8 December 2024 | 7 replies
Since there are often different entities, there are different skills and systems needed.With that said, I can tell you are definitely better at building systems that I am (I have built up some best practices, but they mostly reside in my head).

11 December 2024 | 29 replies
She may never pay her 1/3 rd is a definite risk.

17 December 2024 | 36 replies
I see far too many having effectively no co-invest once you net out the acquisition fee.David:We have the same definition of waterfall returns, so let me explain my reasoning.Ignore for a minute that many syndications have all kinds of fees, acquisition fees, construction management fees, refinance fees, disposition fees, etc, and assume that the syndicator is mostly focused on the returns they will make from the deal itself.

10 December 2024 | 25 replies
Anything from REIT mutual funds to direct ownership (which depending on your definition is "passive" to many, including the IRS), to direct asset syndications and funds.

10 December 2024 | 22 replies
It’s definitely possible to refinance multiple properties under a single loan, often called a portfolio loan, but it depends on the lender.

9 December 2024 | 8 replies
If you've got evidence of them in the past, they could come back (and yes, I've had termites in two of my slab foundation homes, so it's definitely possible and happens, at least in my area which is NC). 4. $25k for helical piers sounds a little steep, but it's been a few years since I saw a quote for that, and of course it depends on how many you need.
7 December 2024 | 2 replies
Even if someone gives you the lay of the land, you would still want to go there to see for yourself, just as you would definitely have someone come check out Dorchester to see what they consider safe and not safe.