Kaden Flores
How to get into Wholesale
1 September 2024 | 5 replies
Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?
Ryan Dunn
I keep seeing and hearing the midwest is the new hot spot
2 September 2024 | 32 replies
Forsee Power is set to have its North American headquarters in Columbus.
Sani Shu
Anybody familiar with Keystone Funding Network?
6 September 2024 | 79 replies
American Greed and the espisode on Remmington financial..
Sanjeev Advani
Macy's Sees Strong Demand for Real Estate Amid Department Store Decline
28 August 2024 | 0 replies
Macy's, a cornerstone of American retail, is seeing significant interest in the real estate it has put up for sale, a promising sign in a challenging market.
Alex Silang
Anyone concerned about a pandemic sequel?
29 August 2024 | 20 replies
We actually got quite lucky as COVID wild type strain mutated fast enough to become less harmful and so only 1.2 million Americans have died and only 7.1 million people around the world have died from it, so far.
Lara Taylor
Wants 10k wired or cashier check before able to draw up docs?
27 August 2024 | 21 replies
if the answer is no.. then please keep in mind this will be next to impossible for you go get unless your financially strong enough to walk in the local bank and borrow from them. no HML is going to loan that kind of money on new construction for someone with no track record.UNLESS you put in a huge amount of cash.. up front. so were We see all these folks getting scammed is they don't realize they really don't qualify for financing.. there is some notion running around that HML are just equity lenders they are not.. they are experience lenders IE how many have you done.. first time borrower VERY short leash. so you have the scammers saying no problem the bigger the loan the bigger up front fee they hit you with and never fund.If you have the ability to go on American Greed website.. look up the episode on Remington financial.. they were the mother of the pump and dump Due diligence scams..
James McGovern
Why are the number of fees for a loan growing?
26 August 2024 | 11 replies
Some of what I am seeing are:- Legal Fees- Underwriting Fees- Corelogix and other data feesWhat's next - Fees for if you are an American living in America?
Natasha Rooney
Thoughts on Alabama as an initial spot to invest?
26 August 2024 | 7 replies
You can get financing for american properties through most of the big 5 banks in Canada.
Brad Birky
Buyers can't get financing due to zoning
27 August 2024 | 12 replies
., the destruction threshold); which Property characteristics the destruction threshold percentage applies to, such as market value, assessed value, replacement cost, or unit count; for Properties with multiple buildings, if the destruction threshold percentage applies to each building, or all buildings as a whole; the replacement cost to rebuild per current requirements for zoning, and land use; the Property’s continued marketability, and economic viability; the amount and type of Borrower-maintained insurance coverage required per Part II, Chapter 5: Property and Liability Insurance, Section 501.02C: Ordinance or Law Insurance; insurance loss proceeds payout, compared to increased rebuilding costs, including from building code changes, Americans with Disabilities Act compliance, and the municipality's local zoning requirements (e.g., green compliance for new buildings, etc.); the sufficiency of estimated insurance proceeds from ordinance or law insurance and other coverages to repay the Mortgage Loan in the event of partial or full casualty, or condemnation; and for a Tier 3 or Tier 4 Mortgage Loan, if requiring execution of the Limited Payment Guaranty (Form 6020.LPG) would mitigate the risk of the as-rebuilt Property not supporting a Tier 2 Mortgage Loan.
Jim Stoffey
Joint Venture - Is this a Scam?
1 September 2024 | 79 replies
I saw an episode of American Greed this weekend, regarding a company called Remington Financial Group that charged an up-front fee to entrepreneurs in exchange for helping them find funding for their ventures.