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30 August 2024 | 3 replies
It sounds like you're on the right path, learning from mentors and connecting with like-minded individuals.As you look to move into buy-and-hold strategies, particularly with multifamily properties and commercial apartments, I wanted to extend an offer.
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31 August 2024 | 1 reply
These standards include a mandatory five-day grace period for rent payments, a 30-day notice for rent increases, and a 30-day notice for lease expirations.Borrowers must incorporate these standards within six months of closing a loan, and full compliance is required within 24 months.
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29 August 2024 | 6 replies
The QOZ community believes that there is bipartisan support to extend the deferral period.
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1 September 2024 | 0 replies
In the ten-year period beginning with Q2 2014, the Downtown submarket has experienced the greatest introduction of new inventory, 19,373 units, amounting to 21.7% of all new market rate rentals added to the market.Asking and Effective RentAfter finishing April with no change, asking rents climbed by 0.3% to $2,381.
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30 August 2024 | 4 replies
A brief summary of revenue, costs, and expenses incurred within a specific period.
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30 August 2024 | 6 replies
Can I use rate and term refinance to pay off my hard money principal (including rehab portion) until the 12 month seasoning period until I can cash out?
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30 August 2024 | 0 replies
But, what they also sell is discontinued and misordered Lowes and Home Depot Merch.I have purchased over $200,000 of building materials from FTA.The number one item they have (and only periodically) is bath and shower tile.
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30 August 2024 | 1 reply
Complex Contracts: It’s crucial to have clear agreements in place to avoid misunderstandings.Watch out for vague contracts, high option fees that seem unjustified, and properties that aren’t well-maintained during the rental period.
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31 August 2024 | 10 replies
And then they'll likely charge you 3 points and 10 to 12% interest on the construction loan for a 9 or 12 months period - with 3 month extensions.That is what you'd be looking at with the national lenders.
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2 September 2024 | 34 replies
If you don't, they will work with you as long as it takes to make 50k and you keep all of the profit after the 12 month period.