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30 August 2024 | 18 replies
I would propose this to your realtor and see what they say, you can pay a percentage of the rehab budget or a set weekly rate
28 August 2024 | 2 replies
When I mentioned you "Sell" the land they need to own it to use the lands equity.In the LLC or partnership agreement you can assign an ownership percentage based on the value of the land.
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30 August 2024 | 21 replies
I actually did look into this but it wouldn't be ideal for me since cash advances are capped at a percentage of your overall credit card limit which is usually at 30% more or less.
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28 August 2024 | 4 replies
When you look at the percentage of "clean" energy produced by each state, Kentucky is ranked 37 out of 50.
30 August 2024 | 30 replies
Compared to your last 3 years of average NET portfolio income, what percentage would be acceptable to you if a PMC handled +90% of the business?
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27 August 2024 | 12 replies
.); the percentage of damage to the Improvements at which the Property’s jurisdiction will require the Property be rebuilt to current zoning and land use requirements (i.e., the destruction threshold); which Property characteristics the destruction threshold percentage applies to, such as market value, assessed value, replacement cost, or unit count; for Properties with multiple buildings, if the destruction threshold percentage applies to each building, or all buildings as a whole; the replacement cost to rebuild per current requirements for zoning, and land use; the Property’s continued marketability, and economic viability; the amount and type of Borrower-maintained insurance coverage required per Part II, Chapter 5: Property and Liability Insurance, Section 501.02C: Ordinance or Law Insurance; insurance loss proceeds payout, compared to increased rebuilding costs, including from building code changes, Americans with Disabilities Act compliance, and the municipality's local zoning requirements (e.g., green compliance for new buildings, etc.); the sufficiency of estimated insurance proceeds from ordinance or law insurance and other coverages to repay the Mortgage Loan in the event of partial or full casualty, or condemnation; and for a Tier 3 or Tier 4 Mortgage Loan, if requiring execution of the Limited Payment Guaranty (Form 6020.LPG) would mitigate the risk of the as-rebuilt Property not supporting a Tier 2 Mortgage Loan.
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27 August 2024 | 6 replies
-CapEx: don't use a percentage, make an actual budget.
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28 August 2024 | 7 replies
These charts show data across each market on rent trends for re-rentals, where a new lease is signed on an existing rental property, and renewal leases, where an existing lease is renewed for an extended 2-year period.These data graphs show the percentages of growth and the number of leases in each category by city.
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27 August 2024 | 3 replies
Now, if you're traveling out of the country you will (typically) still have a place of residence here so that shouldn't be a problem.That being said, I'm pretty sure each lender has a requirement for what percentage of the year you need to be actually living in the property for it to qualify as your residence.
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27 August 2024 | 43 replies
That applies to residential lending, but no one I work with does any residential lending, it is all commercial, including the company I mentioned in this thread that takes a percentage of the profit.And you seem to assume that by taking a percentage of profit that there is any participation in management of the project.