Update: Sad to say, but I let this property go.

Capital generation is always good with a flip, or maybe getting into a value add deal, leveraging hard money to  update the property, then re-fi and hold.

I had been thinking about posting in here to see if anyone had any updates and apparently you have.

I’ll update some more once the cabinets and flooring is done.

.: UPDATE:....How do others interpret this?....

If you're going to make a lot of changes, I recommend consulting an attorney to ensure you're updated on the laws.

Do you need to update your credentials once they check out so they don't continue to use your account? 

I wanted to update you on the Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act (CTA).As you may be aware, on December 3, 2024, the U.S.

My brother lives above.3.  2007 house just updated by owner.4.  

Through your local bank that you are using, are you reapplying for each new home for a seperate construction loan or are you setup as a credit line with them and just submit a new budget for each new home 7 mil credit line  ... new budget for each plan that has been pre appraised in the MAI at the beginning of the project.. they did have to update the Mai last summer but again did it at their cost not mine.. banks have to paper their files.. even though we are selling the same floor plans for 100k more per plan than the original numbers came it at and bank has been paid and has all the closing statements showing this data..