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28 May 2024 | 7 replies
We talked to some people (banker, pm, etc) about a weekly rental property but seems it would make more sense if you wanted to use the place yourself and not too concerned with making money.
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28 May 2024 | 26 replies
you need a good community bank and community banker .. all your banking should be done with them .. then take your banker to lunch have them get to know you personally ..depreciation is added back in not used against you.
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27 May 2024 | 5 replies
You should have a great mortgage banker in your corner.
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31 May 2024 | 111 replies
Our plan now is to sell a single-family in our portfolio that I've never liked but is mostly paid off, and 1031 the money into the cash injection for a commercial loan by our regular banker.
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27 May 2024 | 6 replies
That I don't know, best to ask your banker.
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27 May 2024 | 23 replies
That also means that if you had to break contract because of it, you would be in breach, and would forfeit your earnest money.We, as an example, have letters from both our banker and one of our HML (that we use depending on deal size) that states that we do in fact have immediate access to "x" dollars.
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26 May 2024 | 19 replies
I was a banker for many years and had to cope with this from that side many times myself.
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24 May 2024 | 10 replies
One of my tenants was fully caught up, but they were still awarded three months of future rent.
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25 May 2024 | 11 replies
The remainder of the town only has a Subway and a Wards and 2 gas stations.
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26 May 2024 | 102 replies
When I give our bankers projected financials on a new development they get our best estimate.