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27 August 2024 | 21 replies
This amount is fully refundable for any reason if you do not execute a loan commitment with us and you request in writing within thirty(30) days of the date of this letter the return of the $10,000.signing of the loan commitment, a commitment fee equal to five percent (5%) of the Financing Request is due; three percent (3%) would be payable at the signing, and the remainder would be payable from the loan proceeds at closing.
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28 August 2024 | 74 replies
Bigger distillery equals more bourbon.
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27 August 2024 | 21 replies
STRs generally equal more cash flow but more work.
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26 August 2024 | 6 replies
Yes, he can purchase multiple properties of different sorts (single family home, commercial building, DST, Mineral Rights, etc.)One important thing to keep in mind: in order to defer 100% of the capital gains taxes, one would have to spend ALL the cash proceeds from the sale of the property and purchase equal to or greater than the net sales price.
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26 August 2024 | 24 replies
As a co-signer, you share equal financial responsibility with your daughter.
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26 August 2024 | 23 replies
Most tenants are equally if not more fearful of this, than you are of losing money.
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28 August 2024 | 39 replies
If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.
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23 August 2024 | 7 replies
It seems like this would be more on seller side.It’s not a deal breaker for the buyer, just a pain and occasionally a time suck, it absolutely can be an issue when you sell, not something that can’t be overcome but something that can cost time, money, effort, which again is why I’d just much rather be in condos than multi family all things equal, the per unit savings aren’t even that big in large swaths of D.C.
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26 August 2024 | 24 replies
Very true, and a lot of lenders, especially like fix and flip lenders have sort of a "loyalty program" where more deals equal better rates and better leverage.
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24 August 2024 | 26 replies
When doing BRRRRs OOS, having the right team in place is vital.