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10 June 2024 | 35 replies
If you examine all of these questions, which we all read every day, there are a couple of apparent things missing that make them impossible to answer:1. skin in the game2. research done before posting3. why the poster is asking (background)4. camaraderie (just give me what I want, I have nothing to offer)
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10 June 2024 | 12 replies
Both of these may impact your DTI.One of the difficulties in holding properties for a long time is that equity builds up (either naturally or by forcing with renovation), and I need to sell or refinance to get the equity.
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10 June 2024 | 19 replies
The worst part is the difficulty of getting rid of poor tenants.
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11 June 2024 | 22 replies
You will have difficulty in enforcement here.
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7 June 2024 | 3 replies
Hi all, I've been having difficulties finding the correct search criteria for properties that have a store front or office space plus residential quarters.
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6 June 2024 | 7 replies
I've read a lot if posts about the difficulty of vacating a tenant, how would one go about raising the rent for said tenant?
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6 June 2024 | 7 replies
we own a piece of property that currently has 2 4 unit buildings on it, and we are in the planning phase of building 16 additional units on the property. the financing doesn’t seem to be an issue, but we are having difficulty wrapping our heads around the steps / sequence we should be doing things.
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7 June 2024 | 15 replies
A credible lender will be happy to provide them.Experience: Check how long the lender has been in business and their experience with similar projects.Red Flags:Upfront Fees: Be cautious of lenders asking for substantial upfront fees before any services are rendered.Lack of Transparency: If a lender is not transparent about terms, fees, or the loan process, it’s a red flag.Unrealistic Promises: Beware of lenders promising guaranteed approvals without a proper assessment or offering terms that seem too good to be true.Poor Communication: Difficulty in reaching the lender or getting clear answers can indicate potential issues down the line.By conducting thorough research and due diligence, you can confidently choose a reputable hard money lender that meets your needs.
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5 June 2024 | 2 replies
Wholesaler turned me on to it and his contract lapsed due to difficulty of working with the seller.
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5 June 2024 | 6 replies
Can it work though, yes, but have some skin in the game.