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7 October 2024 | 6 replies
Regardsless whether or not there was seller financing involved.
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4 October 2024 | 10 replies
For future reference, the agencies will often adjust LTV/DCR by -5% LTV / -.05x DCR for loans involving new agency borrowers with minimal experience / like size AUM / etc.
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7 October 2024 | 5 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
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6 October 2024 | 1 reply
Another option is assuming the existing mortgage, which would involve contacting the current lenders to explore formalizing the arrangement and having the properties deeded in your name while taking over the loans.
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6 October 2024 | 1 reply
This perspective goes beyond merely buying and selling properties; it involves a strategic approach to wealth building and risk management.
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6 October 2024 | 7 replies
They found that involving a mediator helped open lines of communication and resolve the issue amicably.Remember, every challenge is an opportunity to learn and grow in your real estate journey.
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9 October 2024 | 14 replies
Do you want to be involved or mostly hands off.
6 October 2024 | 1 reply
I think if there is a lender involved, when it gets to underwriting, they will deny the loan.
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8 October 2024 | 10 replies
There has to be more that meets the eye to this deal.
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6 October 2024 | 1 reply
For due diligence, since you're new to industrial real estate, it’s best to engage a third-party firm that specializes in property assessments or partner with an experienced investor.To structure your involvement, if your spouse is a licensed agent, she could act as the buyer’s agent to earn a commission.