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29 January 2025 | 2 replies
My latest blog - linked here "UNDERSTANDING FLORIDA'S EVICTION PROCESS AND LAWS" provides a comprehensive guide to understanding the legal requirements, timelines, and steps involved with Evictions in Florida.
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27 January 2025 | 29 replies
“Broker” is a legal term that often requires standardized coursework and a state license.
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23 January 2025 | 5 replies
Only a few simple documents are required, including a valid passport, birth certificate, and proof of address.
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6 February 2025 | 2 replies
You can use this property to hedge any others that you add that may only cover themselves, or require supplement until they are paid off.HOWEVER, if you have decided that your goal is to use Real Estate as a stepping stone to build wealth by upgrading the property you hold each time (condo to house, house to 4-plex, 4-plex to 8 unit, etc) then I think you are right to sell now while you think the property is at the top of it's appreciation.It will be hard for anyone on BP to tell you what to do as we don't know your goal.You are right.
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13 February 2025 | 20 replies
Syndications are great for truly passive income, offering tax benefits and diversification, but require high minimum investments and long-term commitments.
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7 February 2025 | 13 replies
A&D has a 2nd position DSCR but not revolving - installment only.AO has a HELOC but self-employment documented for 2 years is required.
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28 January 2025 | 4 replies
My client had some things come up that prevented her from executing, but these were some of the options I had put together for her, a regional bank, a regional CU, and a national bank.Reminder that NOI sizes CRE debt, and that's often what determines the down payment requirement, not anything to do with the client or particular lender, just the property itself.
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22 January 2025 | 0 replies
Here’s how you can stay informed and ensure your rental properties meet all legal requirements.1.
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31 January 2025 | 2 replies
Thankfully, we caught it during the plan review stage, and with a stamped structural design, they got the kitchen of their dreams—without jeopardizing safety or facing surprise delays.Here’s what to think about when renovating:Structural Changes: Even moving a wall can have ripple effects on the stability of your home.HVAC Systems: New layouts might need adjusted airflow or ductwork.Plumbing and Electrical: Moving sinks, showers, or outlets requires careful rerouting to comply with building codes.Before starting demolition or submitting permits, have your plans reviewed by a licensed engineer or architect to avoid costly surprises.
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6 February 2025 | 16 replies
The only item I would suggest is double check the payment terms of the your HELOC... in particular, can you pay interest only or are you required to pay a portion of principle each month on the amount utilized.