
18 September 2024 | 6 replies
@Robin CastilloLLCs are useful for legal protection, but they require separate tax filing, typically cost several hundred dollars to create, and most non-commercial lenders will not lend to LLCs.Commercial lenders will lend to LLCs, but their interest rates are significantly higher and they require collateral that regular lenders don't.I would not create a LLC specifically due to the issues in getting a traditional mortgage it will likely cause.One potential route though, is to get a traditional mortgage in your name and then assume the loan after a 6mo "seasoning" period with your LLC.

17 September 2024 | 2 replies
This trend will continue as distressed assets in sectors like multifamily seek capital injections to avoid foreclosure or unfavorable sales.Mezzanine debt, typically subordinate to senior debt, offers higher returns to compensate for the increased risk.

17 September 2024 | 5 replies
.: The post office will typically rekey the mail box when a new tenant is placed.

20 September 2024 | 31 replies
This time of year in Denver you'll also pay a "dewinterization fee", typically $250.

18 September 2024 | 3 replies
Typically what you will see is that bank will acquire 3 to 6 months seasoning for cash programs.

19 September 2024 | 10 replies
Latest venue has been Dave and Busters in Euless Typically on the 4th Monday of the month in the evening about 6pm for networking and 7pm for training.

18 September 2024 | 4 replies
(Note its typically reduced by the percentage, so as an example if you pay 90% - $90k for a $100k loan, and the UPB was reduced by $1,000 - you get a $900 deduction not the full $1,000).But let's take a deeper dive into a LSA and some of the key areas - Specifically the section called "Representations, Warranties & Convenants" For both the buyer and seller.
18 September 2024 | 10 replies
While you may have a 2Br that is not for the "typical" sized family, you will have many people also looking to downsize from their larger homes that they are holding on until the summer to list.

14 September 2024 | 11 replies
One claimed $100 per day fine from not cutting grass for 2 years to take the $70k excess proceeds.

17 September 2024 | 6 replies
For our clients, we typically look at the most recent appraisal, county records, or property tax statements from the year of purchase.