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9 December 2024 | 11 replies
As mentioned by others, you cannot personally guaranty the loan and the limited recourse aspect navigates that requirement.
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19 December 2024 | 55 replies
This rule is part of the Securities Act of 1933, which was established to provide more freedom for businesses to raise capital while still protecting investors.Here are the key aspects of Regulation D, Rule 506(c):Rule 506(c) Filing:Allows issuers to broadly solicit and generally advertise an offering, provided that all purchasers in the offering are accredited investors.Requires issuers to take reasonable steps to verify that the purchasers of the securities are accredited investors.Issuers must still file a "Form D" with the SEC after they first sell their securities.The rule effectively lifts the prohibition on general solicitation and advertising for certain investment offerings, allowing companies to reach a broader audience when seeking investment.Accredited Investor Definition:To become "accredited," an investor must meet certain defined criteria regarding income, net worth, professional experience, or size of the entity (if the investor is an entity rather than an individual).
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13 December 2024 | 13 replies
Check local regulations on maximum number of unrelated people living under 0ne roof.
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15 December 2024 | 13 replies
The leverage aspect is my business, the fundamentals of the business is via the DSCR loan so it must qualify and I don't tinker to qualify.Every market I am turning to is like this, and every bit market I've been in is like this.
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9 December 2024 | 1 reply
Put a new commercial roof and did mold abatement and full demo of everything inside so i have ~80k into it.
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31 December 2024 | 418 replies
It was an office building owned by a somewhat shaky business, but did have numerous long term roof leases for wireless providers.
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7 December 2024 | 6 replies
A roof, HVAC, and foundation on a $80k house cost the same as a roof on a 250k house (assuming a similar size but better location) with a similar PITI to rent spread.
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10 December 2024 | 7 replies
Upper levels with slanted roof lines cut into living space which is very outdated and much of it becomes deadspace.
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6 December 2024 | 2 replies
Despite the competitive pricing and the fact that it’s been completely remodeled (new roof, HVAC units, windows, floors, appliances—you name it), it’s still sitting on the market.I’m trying to figure out how to get this property to sell faster while still turning a profit.
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9 December 2024 | 3 replies
She bought a condo with lower-than-average dues, but a few months in, the HOA announced a special assessment for roof repairs.