Edward Schenkel
Ask An Attorney Anything About Real Estate Law
9 June 2024 | 223 replies
You can ask for one hundred percent financing, lower points in exchange for a shorter term or higher interest rate, and even negotiate the cure period in the event of default.
Sebastian Sovero
Seller Financing - Need help structuring a deal
31 May 2024 | 2 replies
I'd recommend nothing shorter than 5 years.Regarding your specific questions:1) Yes, any competent closing agent (title company or attorney, depending on your state) can prepare the note and security instrument (security deed, mortgage, etc.) you need.2) See 1.
Kristen Descant
HVAC Replacement Tax Deduction
29 May 2024 | 12 replies
If the improvement has a life shorter than 20 years (items that would show up on a cost seg like carpeting, etc) you can take 100% bonus this year.
Patrick Goswitz
good or bad deal?
30 May 2024 | 22 replies
That's another HUGE reason to have a shorter term.
David Gomez
Sell NJ Home or Tap Equity for NC Home Purchase?
29 May 2024 | 6 replies
Mortgage rates are much better versus Helocs due to Heloc being a shorter term and carry higher rates.You should need much you can buy a primary home for 5% down, Vacation home for 10% and investment for 15% and keep in mind if you have PMI the rate will always be lower.
Gabrielle Samprucci
Are loans under 100k available for BRRR?
29 May 2024 | 6 replies
The shorter the prepayment term has an impact on increasing the rate.4.
Ally Alvarez
What are red flags for a market for LTRs?
28 May 2024 | 7 replies
From an owners point of view, lower inventory means higher rental prices and shorter vacancy time.
Julio Gonzalez
Does recapture diminish the value of a cost segregation study?
28 May 2024 | 0 replies
A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental property or nonresidential real property that are depreciated over 27.5 and 39 years, respectively.
Marco Santana
Seller Financing Refi out
27 May 2024 | 7 replies
The shorter the prepayment term has an impact on increasing the rate.4.
Ross Smith
Anyone used Curbio to flip?!
29 May 2024 | 30 replies
I've heard they tend to be pricier than their competitors, but have shorter timelines due to the way they do project management.It might make sense if paying a premium for faster project completion fits into your business model.