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27 November 2024 | 4 replies
Investors typically want detailed financials and an agent can help you put together all these docs like rental history, expense reports, potential ROI projections, etc.
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22 November 2024 | 7 replies
These details will guide how much you can build and where.Engage with Municipalities: Start conversations with local governments early to ensure your plans align with their expectations.
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26 November 2024 | 21 replies
Thanks for your detail!
27 November 2024 | 10 replies
I would be clear about the details of your project and what they are investing into.
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1 December 2024 | 93 replies
We find that our investors prefer to see deal specific details as opposed to a long presentation talking about the company, strategy, etc.
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26 November 2024 | 2 replies
.🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.
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18 November 2024 | 12 replies
@Derek Bell just a few 😊 - I love money math and deal analysis amongst other things!
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27 November 2024 | 4 replies
I address it in detail in my book, but here's the short version:1.
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26 November 2024 | 4 replies
Here is a detailed look into this issue:https://www.biggerpockets.com/forums/51-tax-legal-issues-con...
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24 November 2024 | 2 replies
If a student loan is in repayment, or scheduled to begin within 12 months from the date of VA loan closing, the lender must consider the anticipated monthly obligation in the loan analysis and utilize the payment established by calculating each loan at a rate of five percent of the outstanding balance divided by 12 months.