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13 December 2024 | 4 replies
For newer developers, credibility often hinges on clear and compelling financial documentation.
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13 December 2024 | 16 replies
I had to present my documents for setting up the LLC and also my EIN number.
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18 December 2024 | 9 replies
I have a clause in my lease that states all parties are aware that if the entire rent is not paid all of those on the lease are named on the court documents.
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27 December 2024 | 93 replies
Re-read your contracts, document your correspondence (and attempts) with your builder and demand documentation to match up any payments/draws with what's actually been competed on your build.
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17 December 2024 | 12 replies
However, DSCR Loans are also strictly for business purpose only, so don't work for house hacking (can't live in any of the units) and if refinancing into DSCR, would have to have moved out and well documented a new residence if you go that route
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14 December 2024 | 11 replies
I've received several call from prospective buyers asking for my help in seeing this home and stating that they sent him their personal documents after which their accounts were compromised.
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13 December 2024 | 11 replies
Primary residence mortgages require you sign documents stating it will be your primary residence and you'll live there at least a year.
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15 December 2024 | 4 replies
During your initial walkthrough, inspect the property for any major issues such as structural damage, roofing problems, plumbing, and electrical concerns, while documenting all cosmetic and functional issues with detailed photos and notes.Once you confirm the property’s potential, finalize your ARV and calculate the repair costs using either a reliable estimator or insights from contractors.
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12 December 2024 | 2 replies
Centralized Document Storage with Access ControlHave a secure, centralized system to store, organize, and share all company documents (e.g., contracts, blueprints, reports, scanned records, etc.) while managing access permissions for teams and individuals.2.
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6 January 2025 | 31 replies
SBA lenders underwrite to the tax returns, so if those don't show a profit (at or least a profit after reasonable add backs), you likely don't have a deal.2) Lack of documentation - SBA is doc heavy.