
27 June 2024 | 14 replies
Has anyone used an affiliate marketing strategy to refresh their property, create unique experiences and provide local products to their guests?

28 June 2024 | 17 replies
Happy Monday 12/18/23I would say I had a pretty productive start.

27 June 2024 | 3 replies
All FHA loan products are serviced to the same guidelines.

27 June 2024 | 1 reply
We implemented Guesty a few years ago and have been very satisfied with the product

27 June 2024 | 14 replies
When you have the best product at a given price point you can shouldn't have to wait for the best applicant at that price point.

28 June 2024 | 100 replies
>>>>>>>>>>>>>>>>>>>>>Multifamily bridge loans:Loan Size:$1 million and upLoan Term:Short-term, typically ranging from 6 months to 3 yearsMost common range is 12-24 monthsExtension options may be availableInterest Rates:Higher than permanent financing, often in the teensRates vary based on creditworthiness and collateralGenerally 7-10.5% for multifamily, 15-24% for other commercial propertiesAmortization:Typically interest-only paymentsMaximum Loan-to-Value (LTV):Up to 75% of total project costCapped at 70% of the completed or stabilized property valueFees:Origination fees, legal fees, closing costs typically 1.5-3% of loan amountFees can include appraisal, administration, escrow, title policy, and notary chargesOther key characteristics of multifamily bridge loans:Fast closing process, with funds available quicklyEligibility based more on property value than borrower creditOften used for acquisitions, renovations, lease-up, or repositioningProvided by private lenders, venture capital firms, and commercial real estate lendersNeed to be refinanced or paid off quickly via sale or permanent financing>>>here is how extension options can impact the overall cost of a multifamily bridge loan:Extension fees: Exercising an extension option on a multifamily bridge loan typically requires paying an extension fee to the lender.

26 June 2024 | 22 replies
I like both products and they both have there place in our business, but looking for a way they can work together more, maybe eliminating the duplicate post each month.Thanks!

27 June 2024 | 13 replies
I've had to decline many loan requests because the income production doesn't cover the expenses and there's no way to make the math work.

27 June 2024 | 9 replies
Your thought process on the contractor providing quotes to possibly "win" a job may seem correct on surface level as a lot of businesses offer "free-mium" products - but ultimately time is money, especially in real estate where good contractors are in high demand and could better spend their time finishing a project before accepting the next one.

27 June 2024 | 62 replies
@Frank Greg Contracting is a business that provides a finished product .