Rick Jarrell
Anyone go through the lead safe certification yet?
11 April 2022 | 31 replies
FYI, each landlord is eligible for $500/unit reimbursement from the Lead Safe Resource Center up to 3 units per landlord.
Jacqui Dolan
Contractor payments - do they expect some upfront payment?
4 June 2023 | 46 replies
You will put of the cash for that portion and then be reimbursed for that portion.
Shannon K.
Choosing An Actual HML?!
6 February 2023 | 24 replies
You do need to front your rehab and they reimburse your draws.
Jodi Huff
PLUMBING QUESTION FOR RENTERS
17 June 2023 | 3 replies
They won't reimburse me or anything and they won't make an exception for mine because it's apart of their loan agreement to replace ALL of the toilets.
Denise Evans
Online Alabama Tax Lien Auctions
11 May 2022 | 21 replies
If ejectment is the only option, will those legal fees be reimbursable?
Uchenna Egwuonwu
My First Fix/Flip with No Money Down
19 June 2023 | 9 replies
After paying for closing, I’ve used my remaining credit to fund the repairs, which will be reimbursed through draws by the lender.How did you add value to the deal?
Adam Jason
BRRRR Unexpected Issues
30 May 2020 | 14 replies
They don't keep receipts and then just "ball park" what the material cost, if I am reimbursing.
Krissy Harden
Is wholesaling still a ‘thing’
13 April 2023 | 10 replies
That 20k wholesale fee just reimbursed you your out of pocket on the deal and you my friend have 0 equity in the house.If a Lender catches you, they will bar you.
Melissa Harris
Can you refinance out of a hard money loan?
23 October 2019 | 23 replies
Lenders also like to see 3-6 months of monthly interest reserves as well as enough money in the bank to start the rehab work (because the rehab is reimbursed in draws, not given up front).
Jinyu Shao
Do I have to rewire the electricity in my multi-family rental?
6 August 2019 | 18 replies
We have proposed to reimburse them $50 every month on electricity every month (which IMO is already a lot), but they refused.