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10 December 2024 | 25 replies
Based on what you say, probably not...
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30 November 2024 | 4 replies
In this case the current financials on the property aren't great(rents well below market value and the owners family living in several of the suites) so the lenders will likely not provide the funding based on poor NOI.
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2 December 2024 | 5 replies
So, to get funding, you probably need some kind of asset based lending where the lending is focus on the value of the asset and the ability of the asset to generate income.
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3 December 2024 | 7 replies
Based on what you share you have experience in multiple facets so there's lots of directions to go!
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2 December 2024 | 3 replies
It's all about how much equity you want to keep in the house based on the Refi in order to maintain the 50% rule.
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4 December 2024 | 25 replies
Because we're flippers we can't afford a landscape designer so we go with the style of the home, look at google images based on what kinds of landscaping go with that type of property and then we draw a map of where we want the beds and grasses to go.
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2 December 2024 | 19 replies
If information is limited, use market-based assumptions to run a "worst-case" analysis.
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2 December 2024 | 10 replies
Landlord shall be responsible for paying any Homeowners Association(HOA) dues and property taxes for the Property.I was wondering if I should add a additional rent clause for the sewer just so I have my base covered in case tenant try to get "smart" with the lease.I think you're fine if that's in your lease to bill them.
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2 December 2024 | 4 replies
This sounds like a class C property based on the numbers so thsoe are typically very high costs that you will incur.
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5 December 2024 | 12 replies
When working with private lenders, the costs for preparing loan documents can vary based on a few factors, including the complexity of the loan, the attorney’s experience, and the geographic location.