Chris Yeung
Investing in Norada Funding's notes
19 December 2024 | 55 replies
You will recall that your Note allows Norada to convert the outstanding balance owed into equity and that it can redeem that equity in the future by repayment of the Note principal in full.
Adriana V Alvarado
Invest in Bay Area California? Just starting Out
5 December 2024 | 22 replies
The point is that San Francisco RE is likely to do outstanding overs long hold period.
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
It would actually be much easier to code in many other programming languages.From my worksheet where I calculated the interest paid each time the HELOC is paid to zero before putting a "chunk" toward the 1st mortgage:(outstanding balance) x (APR / 12) = this month's interest paymentAnother way to express that (for credit cards, for example) might be:(average daily balance) x (daily periodic rate x number of days in billing period)NOW do you see / understand the difference?
Alfath Ahmed
Single-Family BRRRR next to Nationwide Children's Hospital in Columbus
27 November 2024 | 3 replies
Outstanding!
Roger Mace
Are Your Loans Recourse or Non-recourse, Know the Difference
29 November 2024 | 9 replies
If the borrower defaults, the lender can pursue not only the collateral but also the borrower's other assets and income to recover the outstanding amount.
Isadore Nelson
Brooklyn Foreclosure - Potential Red Flags?
28 November 2024 | 4 replies
Previous issues that were reported were relatively minor and were addressed a few years ago, so there’s nothing outstanding in that regard.Some title or certificate of occupancy issues can cost tens of thousands to six figures to resolve.
Paula Impala
Norada Capital Management suspending payments
31 December 2024 | 418 replies
You will recall that your Note allows Norada to convert the outstanding balance owed into equity and that it can redeem that equity in the future by repayment of the Note principal in full.
Parker Pattschull
Appropriate response time from syndicators.
27 November 2024 | 16 replies
. - ideally every operator is sound at all aspects of being an operator, but there are operators who are outstanding at the operational side that are a bit lacking on the communication side.
Qwee Parker
Student loans factored into DTI?
24 November 2024 | 2 replies
If a student loan is in repayment, or scheduled to begin within 12 months from the date of VA loan closing, the lender must consider the anticipated monthly obligation in the loan analysis and utilize the payment established by calculating each loan at a rate of five percent of the outstanding balance divided by 12 months.
Rene Hosman
How do you do bookkeeping and financial reporting for your rentals?
4 December 2024 | 30 replies
Balance Sheet can show how much was a building was purchases for, how much principal loan is still outstanding, how much is in escrow and how much is in tenant security liability, Construction typically in the long-term development are put in the balance sheet and not P&L.Most investors are doing multiple type of real estate, not just rental.