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17 December 2024 | 3 replies
If it would help to get a more detailed estimate feel free to reach out.Documentation is rather limited, just ID, bank statement, LLC documents to start.Sometimes there are interest-only options at 30 and 40 years, generally the difference in payment fully amortized over I/O is minimal so it may not be worth it.
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19 January 2025 | 269 replies
I'm Diogo Capela and it would be a pleasure to meet you and give you some insights on the portuguese real estate market.In fact, I can send you some documents with information and websites that I believe are relevant to you.
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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.
21 December 2024 | 6 replies
I also advised to continue to contact IHA and document all of the communications if there are any.
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31 December 2024 | 66 replies
Having agreed upon SOVs, payment schedules, retainage, design documents, and well written contracts really take a lot of the "unknowns or potential problems" out of the process.
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19 December 2024 | 7 replies
Be sure to review the legal documents, oral representations won't stand up in court.
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20 December 2024 | 9 replies
A more accurate way to describe it is "I received no income" - because you can have deals but still have no profit if your expenses are greater than your income.If you were actively looking for deals (and can document it) - as opposed to merely planning to start later - then you file Schedule C and claim business expanses such as marketing, driving, technology and so on.
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19 December 2024 | 4 replies
We help our clients:1) Find a fixer-upper to buy2) We get bids3) Negotiate a Scope Of Work with the owner using "Maintain to the Neighborhood" to avoid over-improving, but understanding we will have to pass city Rental Inspection to avoid being a slumlord.4) Provide multiple jobsite videos to show progress and document WHAT was done and the QUALITY.5) Handle passing city Rental Inspection6) Find a tenant with a Replacement Guarantee per Class7) Assist with refinance, so client can repeatSo, why you looking OOS again?
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19 December 2024 | 9 replies
Also do not take documents off the internet, get an attorney to draft documents for you and also always close with a title company.
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11 December 2024 | 5 replies
Hello all,I'm looking to make my first offer on a duplex and I'm needing help deciding what to request now vs what can wait until the due diligence period. Is it reasonable/expected to ask the seller to provide all th...