
21 September 2024 | 3 replies
Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchanging "doc" with "pdf" for more options.Here is an example and explanation: Sample EstoppelSome have a lot of legal jargon but this document does not need to be so detailed.

17 September 2024 | 22 replies
However, DSCR Loans should not be considered “no doc” loans–they do include a well-thought-out underwriting process and meaningful “common-sense” documentation requirements as well.

22 September 2024 | 13 replies
Yes Lisa you can refinance out depending on what your situation is:- Full Doc conventional loans will require Income, assets/value of the property, and credit to qualify to refinance out- DSCR loans only require market rental income and credit + enough assets for monthly payment reserves 3-6 months (no personal income or other liabilities are factored in, just the property in question)- Refinancing into another private loan - this is only a bandaid temporarily to provide aide but will not be a permanent solution since most private loans term up or are due in 6-12 months after funding @Matthew Kwan@Carlos Valencia

20 September 2024 | 2 replies
In these instances, you'd have to check things like flooring, plumbing for leaks, roof for leaks, hot water heater, and heating and air conditioning units.

18 September 2024 | 15 replies
Not going to comment on high or low because a lot of people underestimate the time and work that goes into a loan, underwriting, and tracking docs. etc.

23 September 2024 | 81 replies
The roof is fine until it leaks, decks are fine until they are not, things wear out, line blockages don't happen overnight they most often are buildups over time until the result IS seen overnight.

17 September 2024 | 1 reply
Hello, we sold a house and during the final walkthrough the buyers noticed the well pump leaking.

19 September 2024 | 5 replies
Your LP’s will need to be informed they are behind a hard money lender, what those terms are and the risk involved with being behind that hard money lenderDepending on the lender they could require you or one of the LP’s to also personally guarantee the loan.In most states if you have more than one LP then you would need to register the offering with the sec (most likely as an exemption) but docs and setup would probably be $10k.Can it be done yes, is it typically done for a deal under $1-$5M, typically no
18 September 2024 | 3 replies
The hired leak detection company states there is no leak, the roof has been replaced as a result, and the crawl space has also been encapsulated.