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15 December 2024 | 6 replies
That would be a foundation issue to make sure the current foundation is able to hold two more floors on top and also a height issue for the town for the area.
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23 December 2024 | 10 replies
These are primarily found in cities with a population >1M.Pro-business environment: Many cities treat employers as adversaries through restrictive policies.
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20 December 2024 | 13 replies
Each jurisdiction has their own Zoning designations and restrictions, and they can Vary significantly.
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19 December 2024 | 15 replies
However, there are lenders who offer more flexible terms or even no prepayment penalties, depending on the deal structure and your investment strategy.To find such lenders, here are some options to consider:No Prepayment Penalty Loans: Some lenders, often private or portfolio-based, offer DSCR loans without prepayment penalties, though the trade-off might be a slightly higher interest rate or fees.Yield Maintenance or Defeasance Alternatives: Ask about other prepayment structures like yield maintenance, which can sometimes be less restrictive depending on market conditions.Custom Terms: There are lenders (like us at Phoenix Funded) who can structure loans tailored to your needs.
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18 December 2024 | 4 replies
If you're considering just "winging it" please watch Pacific Heights starring Michael Keaton so you can get an idea of what life will be like inside the same building as rent control tenants whose rent control you are trying to terminate.
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16 December 2024 | 19 replies
Also there is no restriction on acquiring conventional loan on primary residence even if you have maxed out on conventional loan for rentals.
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24 December 2024 | 6 replies
And there're restrictions on how you can use these accounts.
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16 December 2024 | 2 replies
Yes you can but it depends on the lender some lenders do not allow due to overlays and in house restrictions.
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15 December 2024 | 13 replies
The lending options will differ based on this: For 2nd home, 10% down is available, but there are restrictions regarding how much/long you can occupy the property.
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15 December 2024 | 0 replies
.** Strictly restricting this for when doing comps between properties in the same sub-division **