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28 October 2024 | 40 replies
It takes awhile to get reviews, gain traction, get repeat guests, word of mouth from satisfied guests, etc.
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23 October 2024 | 4 replies
Sure, you can get a conditional approval very easily, but satisfying all the conditions the lender and/or investor has required often can be difficult if not impossible.
21 October 2024 | 2 replies
How long would the funds need to be there, to satisfy any lender requirements?
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23 October 2024 | 13 replies
Or timeshares which are a deeded ownership structure.I don't know enough about this structure that you are envisioning, but I can't help but assume you are running afoul of something in one area or another that would limit interest.Either too much active ownership in order to satisfy SEC definitions showing it isn't a passive investment.
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20 October 2024 | 6 replies
Assuming the final price is enough for all parties to be satisfied, you'd do a JV agreement with the wholesaler and the realtor would be paid their commission (as opposed to a separate JV).
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21 October 2024 | 11 replies
Finally, after both of these have been satisfied, let's start underwriting deals.1.
21 October 2024 | 9 replies
If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.
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20 October 2024 | 13 replies
If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.
30 October 2024 | 94 replies
That is not enough income to satisfy any lender unless you live somewhere that you can purchase $50k-$100k properties.
17 October 2024 | 2 replies
.), the location, depth, and capacity of utilities to service the site - including public utilities (sanitary, storm and water services), franchised utilities (power, gas, cable), capacity of the local streets to accommodate additional traffic from your development...Be sure to find out if there are any specific local ordinances you need to satisfy (possible tree & wetland surveys, together with any necessary tree & landscape or wetland mitigation plans) and whether there are any concerns from municipal departments (e.g. hydrant locations from the fire department, storm inlet and retention requirements, as well as asphalt / concrete road requirements from the engineer), entrance requirements from the road commission (left turn and passing lanes at the site entrance), etc.Once you get past all this you can finally prepare a preliminary site plan and enter the political arena to get preliminary site plan approval, and to address any concessions the board and neighbors want from you to overcome their objections to your development.