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11 December 2024 | 2 replies
The market seems to have a lot going for it with the beach, the lively downtown, the historical appeal and the night of lights draw during the winter months.
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9 December 2024 | 9 replies
I was told they would have a surveyor place surveyor pins that show where the property line is but there still are none.
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12 December 2024 | 6 replies
If you go with a conventional loan for the cash out refinance, seasoning periods are longer which draws out the process.
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10 December 2024 | 36 replies
And some of these left HML in a tight spot borrowers could not access their draw money.. this happened just recently to Fund that Flip.. and their borrowers I know i got a call from one of them that was owed 300k in draws that was not coming.I can understand that rates aren't what they are when you close as when you get quoted, but if you offer a "rate lock" and use that term, you need to stick to it even if you aren't required by law to do so.
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15 December 2024 | 59 replies
Consider having a lock that can be easily rekeyed or a pin code enabled lock such that you can easily change things, especially after a drama filled hissy fit where one tenant suddenly leaves out of anger/frustration.8.
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10 December 2024 | 2 replies
If you are borrowing for renovations, you will likely have a draw fee in the $100-300 range per draw.Selling costs: biggest one is commissions.
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9 December 2024 | 24 replies
Hard Money typically funds 90% of the purchase price and 100% of the rehab on a draw schedule.
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9 December 2024 | 4 replies
Just curious if you mean that the tiny home itself is the draw, or the area in which the tiny home is located is the draw.
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9 December 2024 | 8 replies
Just crunch the numbers and ensure the terms work for your deal.Hard money typically funds up to 90% of the purchase price and 100% of the rehab costs on a draw schedule.
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12 December 2024 | 10 replies
A festival that draws 250k people is pretty big time - are you sure about your numbers?