
29 November 2024 | 9 replies
This guarantor, who may be an individual or another entity, will be responsible for the difference between what is owed to the lender to make them whole and what has been recovered.If the lender makes the loan to an individual (natural person), this person is implicitly the guarantor via the note, and no separate guarantee is needed.

2 December 2024 | 3 replies
It's all about how much equity you want to keep in the house based on the Refi in order to maintain the 50% rule.

4 December 2024 | 33 replies
The PMCs know what median rents are in different areas and tenant base.

4 December 2024 | 32 replies
If duties were merely split between operations, capital raising and deal sourcing based on individuals strength and to spread responsibilities, I would be more understanding but that's not the new age model.

3 December 2024 | 8 replies
Based on all the books I'd been reading, this seemed like it should qualify as a "good deal" but I was not convinced it would apply to manufactured home which led me here.4.

7 December 2024 | 35 replies
Interest rates and points are not the only criteria upon which to base a decision; length of loan, amortization and if you can get it “loan assumability” especially with no qualifying and no rate escalation could e much more important.

2 December 2024 | 19 replies
If information is limited, use market-based assumptions to run a "worst-case" analysis.

27 November 2024 | 13 replies
Rental prices for a 3bd/2ba/2cg home 1500-2000sqft can easily range from $1,800-2,600 per month. 4) Major employers in Central NM include Sandia National Labs, Los Alamos National Labs, Kirtland Air Force Base, FBI, US Federal Government, State of New Mexico, ABQ Public Schools, University of New Mexico, Central NM Community College, Presbyterian Healthcare, Blue Cross Blue Shield, Lovelace Healthcare, UNM Hospitals/Cancer Center/Level I Trauma Center/Regional Medical Center, Netflix Studios & Film Industry, Solar Panel Manufacturing & Renewable Energy Industry, Meow Wolf, Amazon Fulfillment and Distribution Centers, etc.

2 December 2024 | 10 replies
Landlord shall be responsible for paying any Homeowners Association(HOA) dues and property taxes for the Property.I was wondering if I should add a additional rent clause for the sewer just so I have my base covered in case tenant try to get "smart" with the lease.I think you're fine if that's in your lease to bill them.

30 November 2024 | 4 replies
In this case the current financials on the property aren't great(rents well below market value and the owners family living in several of the suites) so the lenders will likely not provide the funding based on poor NOI.