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Results (10,000+)
Graham Lemly Financing Strategies for house I want - Hard Money, Rehab or Conventional?
4 January 2025 | 1 reply
Here is some key information:Property recently hit the market and has 2 cash offers alreadyThe seller provided a pre-inspection report, which I shared with 2 different lenders, both think it may fail conventional financing due to potential structural and electrical issues (realtor thinks it could pass conventional)Seller has 100% equity but is behind on other payments (not sure of the urgency money is needed)This is my first attempt at an “investment” property so I’m new to thisI see 3 optionsMove forward with an offer using conventional loan pre-qualification-Not as attractive of an offer to the seller-Possibility that appraiser calls out structural/electrical issues that need to be fixed before closing, effectively causing financing to fail- Best terms and fewest loan fees for meUse a rehab style loan such as ChoiceRenovation-Even less attractive than a conventional offer to seller, but less risk of failed financing if appraiser calls out issues-Slightly worse fees and interest rates compared to conventional-Lenders tell me possibly up to 60-90 days closing in some cases, with red-tape for contractor requirements and draw schedules (sounds like the most hoops to jump through during rehab)Use a hard money lender-Most attractive loan option I can give to seller so I can compete-Much higher fees and interest rate for me-need to refinance into a conventional at the end of rehab (not familiar with seasoning periods but I think this is a factor as well)Which option would you do?
Julio Gonzalez 5 Tips to Kickoff 2025 Successfully
7 January 2025 | 0 replies
Schedule a meeting with your CPA and tell them all about your goals for the year.
Esther Iroko Tenants not paying rent
25 January 2025 | 18 replies
However, at this point I would give them their pay or quit notice and then mid January if they don't pay in full as promised I would be ready to proceed to schedule the court date. 
Tyler Koller Baselane Vs Stessa
16 January 2025 | 31 replies
You can easily tag each transaction using categories that synch to your Schedule E for tax time.
Arthur Crum RAD Diversified SCAM ALERT!!!
20 January 2025 | 242 replies
They did miss a few scheduled calls with me 3.
Fareen E. Start lease on closing date or the day after?
10 January 2025 | 11 replies
Our closing is scheduled for 2pm on Monday.
Mitch Smith What we have learned from flipping homes in the San Diego market.
10 January 2025 | 8 replies
This setup ensures every project stays on schedule and within budget, which is huge in a market where timing is everything.3.
AJ P. Plumber Walked Away from Job
30 December 2024 | 1 reply
You will often see this with their scheduling, communication, and even finances (asking to be paid ahead of schedule).
Hai Le Vacating unit at end of lease
2 January 2025 | 1 reply
Rental Property is located in Upstate NY in Oneida County.I have a tenant who is currently scheduled to have their lease end at the end of February; they will have only occupied the unit for a year at the end of their lease.I'm not looking to extend their lease and would like to have the unit vacant upon lease end.
Isaac Saravi Property maintenance in PGH
30 December 2024 | 0 replies
What do you think of the pricing schedule?