Loan: The loan on Braxton at Tamarron is a capped floating rate loan that is SOFR + 3.45% with a maturity date of January 2025 with two 1-year extensions available.

Quote from @Neal Bawa: Harish, since you recently asked for the status of our other Buffalo project (The Grid, see status above), this is also a good time to bring this string up to date on the current status of the project that you are invested in (Rails on Main).

If you want the best rate, I would find the cheapest online lender you can find where you are number 37 out of 70 for the month.

I really believe that we live in a time where all the information you need to do just about anything is available for free online.

Louis, Memphis, and Birmingham offer a good balance of affordability and rental demand, while online platforms, auctions, and networking with local agents can help you find undervalued properties.

If you believe you will be financially ready to build a year from now, perhaps you enter into a lengthier contract where you can obtain all of your building approvals and then settle at a later date.

They have a form you can fill out and submit, might be able to do it online depending on the city.  

This may be because (1) until recently interest rates were trending lower so if the lender is getting a higher rate on subject note than he can obtain on new note there’s no monetary incentive to call the note (2) in the past technology did not exist to identify the property transfers (ten years ago county recording docs were not online) and (3) the lenders rather collect payments than own property.  

For residential properties with a basis of less than $1.2 million, check out our online DIY Residential Cost Segregator. 

I used an attorney to file for eviction and we had the court date towards the end of October.