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27 December 2024 | 27 replies
Hi, welcome yes Ohio's market is doing fairly well and if you have any questions please reach out.
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6 January 2025 | 25 replies
In MA, you can usually get insured with Fair Plan with certain pets, but it is VERY expensive.
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3 January 2025 | 42 replies
I have not reviewed BAM's fees but it's likely based on their representation of UNDER 10% "skin in the game" that most of their "investment" is taken from fees deducted from the money gamblers place with them and counted as equity in the deal; this is a common practice in the syndication industry.
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6 January 2025 | 57 replies
I recognize not everyone gets this but my margin is wsj prime plus 0.5% which currently is a high 8.5% (8% + 0.5%) but fairly recently was competitive with mortgage rates.
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20 December 2024 | 1 reply
Many sellers will not accept this since they are in second position, and it is very risky since if you default (higher probability for investors with no money and/or no skin in the game), they will most likely be wiped out during a foreclosure.
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18 December 2024 | 3 replies
Quote from @Chris Seveney: @Francisco AvancenaThere are specific lenders who will do land dealsBut of course not as many as traditional real estate.The key will be skin in the game - typically for land because it is less liquid than a home the lender will want to have a lower ltv on the deal I fund land flippers currently in CO FLA WA ID MT NV AZ OR TX SC GA VA one thing about land though LTV is lower and RATES are NOT the same as typical HML rates are higher for raw land but its a specialty niche and a business that I grew up in..
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30 December 2024 | 7 replies
Fortunately our remedy was fairly simple, large floor fans and new ceiling tiles but it was a massive inconvenience and the damage would likely be much worse if it repeated in units in other places.
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6 January 2025 | 15 replies
And this all gets worked out before the contract is actually accepted.Why Your Agent Matters: Common misconception that agents are door openers - to be fair most act like it.
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9 January 2025 | 20 replies
I tend to hang out in the Tax forum fairly regularly so I may be one of the first ones to see such a thread or post.
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22 December 2024 | 7 replies
Unfortunately most lack the balance sheet to obtain favorable financing, can't afford to put any skin in the game and fail to make a compelling reason for why the investment makes sense or to justify the structure they are seeking.