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5 February 2025 | 6 replies
You are VERY easily able to open accounts remotely by just uploading your EIN doc and then once your biz account is open you can open additional accounts for things like holding your security deposits, reserves, etc.
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5 February 2025 | 3 replies
Just last week, the water heater (which was installed in 2020) suddenly leaked way too much water out of the overflow pipe and flooded a good portion of the basement.
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5 February 2025 | 5 replies
Not sure if they have upgraded to desktop appraisals but if they are still doing in person appraisals , make sure you get everything (scope of work, good faith deposit, social, LLC docs, insurance, proof of prior experience, financial statements) in ASAP.
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13 February 2025 | 18 replies
If a faucet is leaking, call a plumber.
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20 February 2025 | 10 replies
Don't try to save money by not using an attorney to draft docs.
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18 February 2025 | 5 replies
Required good credit, adequate reserves, full doc commercial loan with a personal guarantee.
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11 February 2025 | 6 replies
Having professionals we can call to see how backed up they might be factors in as well - if we can't get a roof done ASAP, that holds everything else up if we have a leak so again, more time, more holding costs, lower ROI.Unfortunately I do not think there is a magic metric that can tell you if the deal is a winner or not.
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27 January 2025 | 6 replies
Long term $ can range from 6's-10% range depending on all types of factors - LTV, location, unit count, debt coverage, borrower strength, full doc or lite doc programs, etc..
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31 January 2025 | 10 replies
The problem is the foundation is sinking, the outdated polybutylene pipe is leaking in the crawl space and the electrical is outdated.
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23 January 2025 | 10 replies
Quote from @Jonathan Warner:“Have you found that lightning docs has been airtight for you?