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6 September 2024 | 13 replies
Just a heads up.So you calculated out you need $6 million worth of apartments to hit your goal.A commercial loan may require 20% to 30% down in cash, cash reserves, working capital, and closing costs.You will also need earnest money cash.The lender may also require certain repairs to be done Shortly after the loan is made.The lender may also require the Property to be stabilized as far as occupancy percentage is concerned, leaving little on the bone as far as sweat equity.Good Luck!
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6 September 2024 | 13 replies
@Miriam B.yes Jack is currently a member of my land investing group so I communicates with him there and he answers questions about his training products and raw land investing in general when he has time.
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4 September 2024 | 7 replies
It involves evaluating a sponsor's capabilities, track record, and financial stability to ensure they can effectively manage and execute a project.
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5 September 2024 | 11 replies
Two after the GFC many banks left the SFR rehab loan business and simply don't have that product unless your a top tier depositor and I don't mean 100k in the bank I mean 7 figures so basically borrowing your own money.
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6 September 2024 | 13 replies
I'm working on launching a STR reporting product designed to make data analysis accessible for everyone, even if you're not a data geek!
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6 September 2024 | 79 replies
I have been receiving everything from hate mail to bogus entries two products purchased online.
6 September 2024 | 9 replies
Most mold is on the surface and can easily be removed with a bleach solution or one of the many mold treatment products available.
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4 September 2024 | 1 reply
Investors who can identify undervalued properties and focus on long-term rental income are likely to find success.Looking ahead, market conditions will likely continue to evolve as interest rates stabilize and economic factors shift.
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4 September 2024 | 28 replies
It’s one of the oldest resorts, but well kept and managed- history and stability was important for us- as well as location.
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7 September 2024 | 11 replies
So you will almost certainly be liable for any defects or deficiencies in the end product regardless of subcontracts and sub-contractors.