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29 December 2024 | 7 replies
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..
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25 December 2024 | 4 replies
Also, securing financing is no different than site built unless you're dealing with someone that has no experience originating loans.
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26 December 2024 | 7 replies
However, as I mentioned in my original post, my immediate goal is to move out of our current townhouse into a larger single-family home that better suits my family’s needs (we have a baby and a big dog).
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23 December 2024 | 3 replies
I’ve got some buildings with great interest rates that just won’t cash flow with less than my original 20% equity.
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7 January 2025 | 22 replies
Originally my thought was $100/mo is so low I'm not sure if it's worth it as I'll have to put in extra of my own money for reserves and it will be years until I recoup that money but then I remembered that all in for down payment and reserves I'll be putting in ~13k of my own capital.
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27 December 2024 | 15 replies
Credit Report or Verification of Credit History in their country of origin 3.
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26 December 2024 | 9 replies
And the ones that were originally built have been renovated to become a SFH.
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28 January 2025 | 56 replies
Surplus line is what I have been looking for as I am involved with an older property that is typically found to be uninsurable by a lot of other mainstream insurance companies due to the properties age and some of its original features and surroundings, I just have a question and have done some reading on this and it's really not too clear and it sounds it can go either way really with this and I'm fairly new to all this so I am learning a lot of things as I go but should the private non traditional mortgage lender be listed as additional insured while the person occupying & buying the home and also purchasing the property from the lender be listed as mortgagee?
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19 January 2025 | 18 replies
Your original agent is the average.
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30 January 2025 | 62 replies
So like my original post the federal government does not have the operational ability our financial backing to accomplish deporting 11MM people.