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15 December 2024 | 4 replies
There are two types of borrowers that fail at a much, much higher statistical rate than any other...1) borrowers with little experience, and 2) those putting nothing or very little down.
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11 January 2025 | 67 replies
@Rafael Ro And one other thing I failed to mention turnkey is a buzzword often used for marketing, but few companies truly deliver a full turnkey experience from start to finish.
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16 December 2024 | 6 replies
Personally I’d stick with SFR or at 4 units or less for preferred financing and to reduce risk of the exchange failing.
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20 December 2024 | 14 replies
Those are tiny, tiny obstacles compared to where this process succeeds or fails, and that is with the contracting.
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13 December 2024 | 4 replies
A loan commitment letter carries more weight as it confirms lender approval, signaling a stronger ability to close.Addressing Closing Concerns: A commitment letter meaningfully reduces concerns, especially when paired with proof of equity and a track record of performance, even if on smaller deals.What Brokers Look For: Key factors are a reputable lender, clear terms in the commitment, and evidence of funds for equity and reserves.
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17 December 2024 | 14 replies
Many who want to scale fail to take this into consideration, take on too many projects at once, have no capital to advance the construction and ultimately get stuck in mud unable to advance any of their projects.
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16 December 2024 | 3 replies
First off they could close a sale and make a commission and secondly failing to do so could cause their license to be suspended or pay a fine. 3.
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15 December 2024 | 15 replies
The merchant also failed to provide proof that the cancellation policy was properly disclosed to the cardholder."
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11 December 2024 | 1 reply
Assessing brokers based on their transaction history and success in the market carries more weight than simply focusing on the highest price offered.
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19 December 2024 | 13 replies
That sounds like a strategy that some of the YouTube gurus are teaching to wannabe investors with no money or experience and that is going to end up with a lot of deals going sideways as these buyers will probably fail because overpaying is obviously a bad strategy to begin with.