
13 November 2024 | 34 replies
@Theresa Rivard Typically, to qualify as a guarantor for a DSCR loan you will need to own at least 20% of the borrowing entity on title.

11 November 2024 | 5 replies
Since repairs are essential, doing the HVAC and roof as cost-effectively as possible will boost rental value and make refinancing smoother.

12 November 2024 | 5 replies
These factors typically indicate strong rental demand and potential for property value increases.

11 November 2024 | 2 replies
When a home is condemned typically it gets demolished and that gets added to the tax bill.

12 November 2024 | 7 replies
This is a good question and to keep the answer short and simple; it is typically for the tax benefits.

11 November 2024 | 2 replies
Most here are real estate investors and typically those are not viewed as "businesses" because they have no real value as businesses outside the value of the asset(s) owned.

13 November 2024 | 4 replies
Technically, it's the responsibility of the lender to cancel the mortgage.However, as private lenders we typically request that the closing agent draft the cancellation document and send it after the closing is completed.The lender can then execute (sign, notarize & have witnessed) the cancellation doc and then return the original to the closing agent for recordation.

12 November 2024 | 15 replies
Typically, I've seen $25-50/mo for the pet fee

12 November 2024 | 9 replies
The information is typically - lease start and end date, how much rent is, what the security deposit is, and how much in advanced rent there is.

12 November 2024 | 2 replies
.- $150k worth of 5/7-yr property which is appliances, cabinetry, carpets etc.This is pretty typical for a commercial property cost segregation, and I see nothing wrong with it.The problem is in the line above that, called "Selling price."