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30 April 2014 | 3 replies
I have done several blanket loans with the bank that included 2-4 properties SFR per loan by just emailing them the address and basing the loan off of tax value, but they are asking for a more detailed proposal to present to their loan review committee this time around.Does anyone have a sample package, template, software, or just a list of standard and/or creative details that should be included in the package.
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21 May 2014 | 5 replies
Being a broker it is necessary to use the forms which are promulgated by the state committee for clients.
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17 June 2014 | 4 replies
@Brian Sealey NPV like IRR ard DCF are great for convincing an investment committee, outside investors or sophisticated jv partners to come on board a deal because they're comparing what you're offering to what other shops have.
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19 June 2014 | 16 replies
This is being pushed by SBA but I heard that didn't make it out of committee.
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4 September 2013 | 15 replies
So the zoning issue does not really affect investors out there, but there can be architectural control committees that have a say in the exterior of your property (shingle color, house color etc...)Hope that helps.
8 September 2013 | 9 replies
The committee denied their request even though we had approval.
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4 September 2013 | 1 reply
I repeatedly asked my new lender "Are you getting feedback that this deal is something your bank has an appetite for at this time" and his response was "oh yes, don't worry I am your man on this transaction".After 3 weeks he took the request to loan committee and I was anxious to hear the response.
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9 October 2013 | 4 replies
" " . . . we need a Management Committee that will work together with like minds."
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6 September 2013 | 11 replies
Once you get over an certain dollar in aggregate debt (250,000 is the norm I have found) the lender then has to take it to loan committee for approval.
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8 October 2013 | 2 replies
If a member of an HOA performs construction on their home without first obtaining approval from for architectural committee, how long does the committee have to notify the homeowner of the violation?