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11 September 2024 | 4 replies
Is this legal?
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21 September 2024 | 71 replies
We are a capital partner and move like no Lender can move. thats where the great deals are going or at least what i see as its my day job LOLPS in the old days the west coast buyer had to get pre approved by the west coast mortgage lender and that included an appraisal up front so we knew the numbers would work then when rehab was done the mortgage brokers simply had the appraiser do a 442 update and the file closed.
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14 September 2024 | 3 replies
Joshua,It's fairly easy you select a builder and the bank gets them approved or use one the bank already has approved.
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15 September 2024 | 6 replies
They can be all dangerous and some often carry legal risk.
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15 September 2024 | 3 replies
These clauses should have exceptions for legal testimony and other things.
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12 September 2024 | 0 replies
Pass-through costs: In some rent control systems, certain maintenance or capital improvements can justify rent increases (subject to approval). 5.
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17 September 2024 | 8 replies
I realize that once someone creates a letter of intent they can start on the due diligence phase to learn the financials, physical, and legal but what else can I learn about a property before making an offer?
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14 September 2024 | 3 replies
– I’m exploring whether I can remove the SRO designation and replace it with Artist Dwellings, but I’m unsure of the legal requirements or how this conversion works.If anyone has clarity on the definition of Artist Dwellings or proven strategies for making this type of conversion, I would greatly appreciate your input.Thanks in advance for any insights!
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14 September 2024 | 8 replies
I was contacted by Steven Klaus supposed to be a broker of Skyrocking Capital Solution and he approved loan for multifamily purchase with 100% financing @6% and requested to send Origination Fee of 2% before the disbursement.
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14 September 2024 | 5 replies
HouseMax agreed that I am owed the full $14k, but they informed me that the "investor" and loan servicer (FCI) are refusing to refund the amount.I'm unsure who should be held accountable or what my legal rights are in this situation.