3 July 2024 | 20 replies
I found the ways to secure my interest and prevent underhanded moves by sellers in liquidation business, but RE is a whole different animal that I don't have as much experience in.Now, here is the dilemma: in order to be most efficient and get a good rep as a wholesaler in the eyes of the sellers, you should be able to CLOSE every purchase contract you sign.
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28 June 2024 | 2 replies
If not corrected in two weeks, follow through with removing the animal or termination.2.
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28 June 2024 | 29 replies
Factors to consider include population characteristics, economics, climate, and overall stability.
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26 June 2024 | 5 replies
(Wanting to add more animals!)
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27 June 2024 | 7 replies
My insurance company says they exclude coverage for exotic animals and any dogs with a bite history.
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25 June 2024 | 15 replies
What liability falls on me, the landlord, if there are animals living in my units?
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26 June 2024 | 4 replies
These can bring significant revenue.lease of any equine / animal pens?
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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.
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27 June 2024 | 37 replies
I would not rent to them because next they’ll be having sex with animals and and before you know it ,there will be a whole house full of dogs.
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25 June 2024 | 125 replies
However, the very experienced and grounded investors can figure out cap rates and multiple other carefully assessed characteristics to come out ahead.