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16 January 2025 | 3 replies
However I would say those lenders would be more willing than a bank to write the mortgage, and after completion you can refinance it.Overall, its probably easier and better use of your time to just find another house that doesn't require the construction and where the numbers make sense.
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16 January 2025 | 6 replies
The location all in,cost him X; he got an appraisal for the bank from CBRE national firmof XX and now the firm who called him mentioned paying XXX.
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18 January 2025 | 8 replies
Commercial Revenue Generating properties like office buildings, apartment buildings, retail centers, etc (banks call it "CRE" lending) are typically evaluated from their net operating income, not gross.
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19 January 2025 | 8 replies
We are not too strapped for cash, but it always seems better to have more in the bank than less.
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21 January 2025 | 4 replies
At this point, I would recommend having a line of credit to cover these things so you don't have money sitting in the bank doing nothing when it could be put to work.I have 33 units, no debt except for mortgages, and excellent income.
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12 January 2025 | 6 replies
Some banks and lenders will calculate your Heloc payment based on the Max limit even if you only have a small portion used due to preventive risk.
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18 January 2025 | 8 replies
Does the bank let you get 2.5 months late on your mortgage payments?
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31 December 2024 | 3 replies
I always remember that rockstars know rockstars, so find someone who is a mover and shaker - likely a meetup host - and then ask them who they know.The people doing 100 flips are super busy, so I've also found the best person to find is someone who is a step or two ahead of me...so maybe for you, that is someone doing 2-3 flips a year.
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14 January 2025 | 8 replies
I contacted Buildium and they confirmed they do not offer credit card tracking, but offered a workaround which was to set up a credit card as a bank account, and when there is a balance it's just always negative in the bank account, and this would allow you to track individual purchases like it was a checking account.
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28 December 2024 | 6 replies
Has anyone tried this paid program - Just Be The Bank: How WE Generate Passive Income & Wealth in Real Estate.