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13 August 2024 | 97 replies
One of the most experienced fix-and-flip lenders in DFW approved and funded the transaction and is also exposed and anticipating losses.At a hearing with the city Femi makes the following claims:Shows a general contractor bid for $20,000 to fully restore the property.States the foundation is good.The big issues appear to be from code enforcement’s discovery of a full rehab taking place, including electrical work, all without permits.
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19 August 2024 | 3705 replies
Once that sells I anticipate having a large chunk of change to get me going.
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6 August 2024 | 2 replies
If the title company is managing your closing or has worked with you before, they are likely well-versed in the terms of your local contract and often provide answers to simple questions at no cost, as they anticipate future business from you.
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5 August 2024 | 7 replies
Thats not including things that you dont anticipate .
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5 August 2024 | 3 replies
Our priorities in terms of market is there needs to be- anticipated economic growth (lots of tech companies are moving into Columbus),- prices need to allow us to buy in all cash (400k or less, ideally up to 300k),- we want the area to be safe (when looking into places like Dayton, OH or Memphis, TN for instance it looks like all our boxes are checked on paper, numbers wise but we realized quickly there are a lot of unsafe areas and we could have the potential for problem tenants)- yearly expenses to be relatively low (i.e. we are avoiding NYC and the tri state area, California, etc. for having extremely high taxes).Is our initial analysis on the right track for Columbus?
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7 August 2024 | 17 replies
They invested in syndications in 2020/2021/2022 that are not performing as they anticipated.
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4 August 2024 | 12 replies
If lower rate trends continue and stay consistent, expect the news to reach sidelined buyers and an uptick in buyer activity towards the end of summer into the anticipated September rate cuts.
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5 August 2024 | 15 replies
Currently looking at closing on a new home in november/december and do not anticipate selling ours for a month or two after we move.
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3 August 2024 | 17 replies
Considering they are brand new, with a finish out well above and beyond the rest of the neighborhood I don't anticipate "nobody else wanting them" Thanks for your sarcasm, though
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2 August 2024 | 4 replies
I do anticipate that the space will count as "finished" on an appraisal.