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26 September 2024 | 9 replies
Do fee simple homes tend to appreciate at a faster or slower rate than condominiums?
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25 September 2024 | 10 replies
I looked into possibly obtaining loan and they required 1% of loan amount for a pre-approval letter and no fund of the 1% fee.
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26 September 2024 | 3 replies
It would save about $230/month and involves about 5k in closing costs and fees.
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27 September 2024 | 4 replies
Do they have high fees?
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26 September 2024 | 10 replies
If you're bankable shop around and you will be competitive on rate and terms with banks without going through this arduous process of forming these unnecessary structures, transferring title and incurring additional transactional fees etc.
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30 September 2024 | 12 replies
But the city has risks too: historic tanneries, dry cleaners, gas stations, garages, workshops, any kind of industrial use - always be suspicious of what people did with chemicals back in the 50s and 60s when the general population had no awareness of the damage I just had to turn down a small development 10 house's or 20 detached as phase 2 found chemicals for the Filbert orchard ( Filberts are hazelnuts ) that was planted 30 years ago.the soil had to be dug down 1 to 2 feet analyzed and hauled to special dump at 3X normal dump fee's.. there is a reason why we do phase 1 and phase 2 and just dont buy this dirt and take on those liabilities.. now to be fair this is for lending purposes is someone want to buy it the county / city would not require the phase 1 or 2 but you take on going risk of someone suing the pants off of you in the future.
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25 September 2024 | 10 replies
Their 25% fee is based on the actual property tax savings.
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27 September 2024 | 10 replies
First, create a Post-Closing Occupancy Agreement that clearly states when the seller needs to move out, any rent or fees they'll need to pay during their stay, and what their responsibilities are regarding utilities and maintenance.
26 September 2024 | 5 replies
Our lawyer provided us with the projected fees for both options and a Series LLC was extremely expensive.What is the ideal number of properties / total asset value for an LLC?
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30 September 2024 | 25 replies
Rare anyone redeems 100K house, but I can almost guarantee if you rehab it before the two years is up, someone will show up, redeem and you just remodeled their home for FREE.As far as hard money loans go typically around Houston you'll pay 2% origination fee and probably 12-14% interest for six months.