
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.

26 August 2024 | 24 replies
Best to compare programs based on rates, reviews, communication and terms!

28 August 2024 | 32 replies
This market is definitely easier to get into though compared to others.

26 August 2024 | 2 replies
The bank used a comparable sales model.
29 August 2024 | 70 replies
I know that's very cheap compared to what others on here are paying and I think it's for a few reasons:1.

28 August 2024 | 23 replies
So I don't think the seller would want to pay double rent staying at a pretty bad place compared to a hotel.

26 August 2024 | 5 replies
We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

26 August 2024 | 2 replies
Not allowing pets could impact the marketability of your rental, especially in cities like Dallas.According to the article:"Data from Zillow reveals that twice as many renters filter for pet-friendly listings compared to any other amenity in the country’s 25 largest rental markets.

27 August 2024 | 13 replies
Pointing back to #1 above, let's first make sure that we're comparing apples to apples or at least to some other fruit.

27 August 2024 | 12 replies
Sure, I mean it may lay it out nicely and compare both but I believe it is all relative in different markets at different times.