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22 January 2025 | 39 replies
I question if the person that has issues matching 1) knows how to feather 2) has the original paint color/code.
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1 January 2025 | 13 replies
These are also the banks that are more commonly relationship lenders and will allow your originations to out pace your balance sheet if you are consistently able to execute on the projects they fund for you.
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24 January 2025 | 42 replies
@Steve Powers is correct that these were mostly originated as owner occupied loans.
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3 January 2025 | 45 replies
I originally started as 80% LTV and 12% + 1 point with 3 month prepay penalty
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31 December 2024 | 4 replies
I've got a property under contractPurchase price $78K out the door (I have cash to close) Intent: build on the property which already has a functioning well, septic, and needs PGE installed Total buildout on the property utilities: $128K including the original land purchase price.
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30 December 2024 | 4 replies
Originally posted by @Samuel Dunlap:Hello BP Community,Unless I am mistaken, Maricopa County (Phoenix, AZ) does not post their probate court records online, unless you can provide specific names or case numbers.
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2 January 2025 | 10 replies
Since the LLC doesn't own the rental you're missing out on the asset protection that was originally intended.
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30 December 2024 | 6 replies
Yes. the original lender probably will not but a new lender may- there first question is gonna be what is your exit strategy so be prepared to answer that question.
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3 January 2025 | 7 replies
The real property investment can be repositioned if it proves disappointing in its original form; it can be refinanced or recapitalized if it has too much or too e pensive debt; inflation over time bales out many bad purchases, and finally the investors knowledge, experience and abilities can be leveraged to turn around a cash flow negative property.I’ll provide an exampleThree years ago we purchased a note from a bank secured by two auto repair facilities with a large amount of excess land.
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4 January 2025 | 20 replies
Originally posted by @Chase Alison Matthews:So...