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24 June 2024 | 7 replies
A balanced market is typically around 6 months of inventory, so a lower number represents a seller's market with limited inventory.
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24 June 2024 | 17 replies
In Maricopa County, encompassing Glendale, Mesa, Tempe, and Chandler, you'll find diverse options balancing affordability and rental potential.
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23 June 2024 | 2 replies
Or you have a a balance on the rental also?
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23 June 2024 | 1 reply
Having supported several investor acquisitions of small balance multi family recently and originating mortgages for the better part of two decades here are some quick pointers and considerations for investors: - Residential loans are considered multi family properties of 1-4 units.
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23 June 2024 | 8 replies
Hi William..hope things worked out, we're working several small balance plexes for investors..terms are actually quite workable as rates have declined during the past two months.
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23 June 2024 | 2 replies
The current loan balance is $235k with a 5.12% interest rate.
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28 June 2024 | 100 replies
However, they include "bad boy" carve-outs that trigger full recourse if the borrower commits certain bad acts like fraud or voluntary bankruptcy filing.Abandonment may constitute default: If the GP abandons or surrenders control of the property during foreclosure, it could be considered an unpermitted transfer that violates the loan agreement and triggers the guarantor's full recourse liability for the unpaid loan balance.
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23 June 2024 | 11 replies
We are now seeking advice on how to protect our assets while owning the properties in our own names, without incurring excessive costs that could lead to negative cash flow.We are open to exploring creative solutions that strike a balance between asset protection and financial stability.
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22 June 2024 | 5 replies
Ensure that you are using a rent payment software program that records and categories rent and money charges and payments, including dates, payment amounts, and balance owed contemporaneously with the transaction.