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14 January 2025 | 15 replies
Right now, I’m seeing max LTVs closer to 80% on purchases, though before COVID, we sometimes went up to 85%.Also, keep an eye out for lenders who promise amazing terms but demand large commitment fees upfront.
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15 January 2025 | 14 replies
2) How many hours/week do you really want to commit to for real estate?
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7 February 2025 | 49 replies
There are 2 group calls per month with Jerome leading the call; it is scheduled at 2 pm PST (not ideal for most people regardless of time zone), Jerome was always late, there is no agenda or plan for the call, his phone reception was interrupted constantly to the point that his line would drop, and each call has ended abruptly with Jerome saying he had another commitment he had to get to.
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9 January 2025 | 4 replies
Also, you need to be prepared to screen prospective tenants yourself and verify vouchers before committing to lease.
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21 February 2025 | 245 replies
The freeze, which is painful, is necessary for us to build reserves, pull equity, and meet commitments going forward. 2.
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12 February 2025 | 27 replies
And, by the way, if your "mentor" tells you they are going to invest, get them to make that commitment BEFORE you sign on the dotted line.
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10 February 2025 | 62 replies
I am still committed but I need to find a strategy that accommodates them while still moving towards our goals.
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15 January 2025 | 12 replies
CPAs often advise against pursuing this designation unless the time commitment and documentation are robust, as failing to qualify can result in IRS audits or penalties.The 500-hour rule pertains to material participation in specific real estate activities or businesses.
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19 January 2025 | 9 replies
He had other projects that he committed to.Want to play a challenging game?
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9 January 2025 | 9 replies
These penalties include:Five years in prisonUp to $500,000 in finesEquity Skimming may also result in Conspiracy charges, specifically conspiracy to commit bank fraud and false statements to influence a financial institution.