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10 June 2024 | 11 replies
I can't find any information on occupancy requirements prior to sale for an owner-builder in this state, though it's well-documented in some other states like Texas so I'd be surprised if no guidelines exist.
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11 June 2024 | 0 replies
But since an NDA exists on it, the business opportunity may be lost.
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10 June 2024 | 19 replies
Could you raise the rent on your existing tenants?
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10 June 2024 | 4 replies
The growing list of issues include multiple poor quality tenants damaging properties and breaking leases with no recourse, and non-existent communication/accountability from property management to the point where I have zero faith in their personnel correcting the issues I'm experiencing.
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12 June 2024 | 10 replies
Of course not, and neither do we…but they are a part of the business.The methodology we adopt is that our existing tenants are always a little below market rent.
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10 June 2024 | 15 replies
Buy the property with the LLC for the cost of the existing mortgage, perhaps plus the cost of the construction.
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10 June 2024 | 6 replies
You prepare for the next market cycle in the existing cycle.
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7 June 2024 | 1 reply
Looking at purchasing some vacant land in NC that has an existing lease on it to a 3rd party.
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10 June 2024 | 0 replies
This means that the seller will defend and protect buyer against right claims of third parties to the property (warranty of title) and no liens or encumbrances in the property (warranty against liens and other encumbrances) exists except on the items listed in the deed.
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9 June 2024 | 3 replies
In Gary Keller’s book, Shift, he lists 25 creative options that are most common, but barely scratch the surface:- Seller Contributions- Seller-Funded Permanent Buydown- Seller-Funded Temporary Buydown- Owner Financing- Contract For Deed- Seller Second Lease Option And Lease Purchase- Seller-Assisted Down Payment- Wraparound And Assumable Mortgage- Gift Funding- Selling And Refinancing Existing Assets- Non-Occupied Co-Borrowers- Using 401(K)- Temporary IRA Transfer- Pledged Asset Mortgage- Equity Transfer And Bridge Loan- Employer-Assisted Mortgage- Lender-Funded Buydown- Fannie Mae’s “My Community Mortgage”- Running Scenarios With Automated Underwriting Systems- Adjusting Amortization Period To Lower Payment- Adjusting Interest Rates To Cover Closing Costs- State, Province, And Local Grant Or Bond Programs- Mortgage Credit Certificate- Private LendingHe said these options barely scratch the surface.