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23 May 2024 | 4 replies
I don't believe me or my wife's income will be able to cover a full 80-90% LTV line of that amount but I want to be able to get a line as close as possible.Is there currently an institution that is recommended or any that should be avoided?
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23 May 2024 | 4 replies
Contractors cannot feed me a line of bull about what something is going to cost and how long it should take, because I have done the work myself for years.
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24 May 2024 | 15 replies
Mainly, because structural issues can be a complete black hole of money, time, effort--and it can be very difficult (and costly) to anticipate just how much money, time, and effort they'll consume.First, you'll need to figure out what's causing the structural issues--it could be settlement at the footers caused by ground water, it could be wood rot or termites in a beam, it could be masonry degradation caused by water coming off the roof, it could be improper drainage of the roof, it could be tree roots degrading the foundation, it could be a plumber who cut out a critical joist to install a line 20 years ago, it could be improper construction, it could be any or all of those things, and it could be any number of other potential causes.
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23 May 2024 | 9 replies
What I was thinking was to send the revenue the hotel makes to an LLC in the US, so the LLC has some money flowing in and can qualify for a business loan or open a line of credit.
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22 May 2024 | 1 reply
Although I am not a multi family pro, if you have any questions about owner financing, drop me a line!
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22 May 2024 | 2 replies
Not looking for a direct referral or recommendation but open a line of communication so I can express my interest and how I could contribute to their company.
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21 May 2024 | 6 replies
To get this cash, you could obtain a line of credit on the property as it stands, assuming you have enough equity.
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23 May 2024 | 52 replies
Granted I have never had the 72 item list asking me to raise headroom, but I usually carry a couple thousand dollars in a line item for inspection issues.
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21 May 2024 | 2 replies
You can hit me up here or drop me a line at my contact info below.
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21 May 2024 | 10 replies
You also could look at a line of credit on the property and pay interest on the money as you use it.