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3 June 2018 | 3 replies
Include tax returns and statements for any accounts you list as assets.If this is your only property then your basically showing your personal net worth and salary/income.For the specific property prepare a pro-forma income statement showing proposed new debt service for the property.Once you have the package ready just start calling small banks and credit unions in your local area and asking to speak to a commercial lender.
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29 May 2018 | 0 replies
Who are you guys/gals using to do residential floor plans (both current status and proposed) for flips and permits?
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31 May 2018 | 15 replies
You can see a Texas Tribune article about the recent ruling.A bill to block cities from heavily regulating short-term rentals made it through the Texas Senate during the last legislative session, but it died in committee in the Texas House.
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30 May 2018 | 1 reply
Hi all, Recently I did some work for an out of state landlord and asked him if he wanted to sell his SFR rental property. I was looking for some input from those that know better than I. Here are some basics on the pr...
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30 May 2018 | 0 replies
The proposed example is 4 duplexes and 1 quad.
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3 June 2018 | 7 replies
I won't get too deep in the details but I had an appraisal done on the land with a proposed house on it and it came back pretty good.
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2 June 2018 | 7 replies
That legislation is an absolute nightmare
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5 June 2018 | 11 replies
The proposal I received was to get a percentage (don't know what that is yet) of each deal that I help their company acquire.
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4 June 2018 | 1 reply
I recently had a client propose the below question in regards to the client transferring ownership to a new investor, but still being the point of contact and decision maker between the PM and new property owner.
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6 June 2018 | 8 replies
My gut tells me to send her a letter next month explaining the situation and propose a $200/month rent increase effective Jan 1st, 2019.