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2 March 2025 | 5 replies
I guess to a degree obfuscating a title transfer can work, but the lender can still accelerate the note when and if they become aware of the title transfer.
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16 February 2025 | 3 replies
Anyone aware of any lenders in West Virginia who can help with this?
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16 February 2025 | 18 replies
Early last year, one of our borrowers, an extremely experienced rehabber who had recently been diagnosed with diabetes, informed us that he’d been in and out of the hospital so frequently that he wouldn’t be able to complete the flip we had loaned on as first position lenders.We were aware that he had borrowed an additional $110k from a second-position lender.
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26 February 2025 | 6 replies
Realtor and Title company were very aware there was an ADU. thank you so much.Neither one of whom (realtor, title company), pass judgement on the legality or code compliance of an ADU.
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25 February 2025 | 1 reply
I was aware that there is a radon mitigation fan in the basement of the SFH, but I didn't have a chance to check if it is in working order during the rehab, nor did I run a radon test.
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20 February 2025 | 11 replies
.- Risk Awareness: Flood zone designations still help people understand general flood risks in their area.Elevation still matters under Risk Rating 2.0, but its role is handled differently compared to the old system.Under the old system, elevation certificates were often required to calculate insurance rates.
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5 February 2025 | 35 replies
We'll lose money for 75-90 days but the new rent is market so some will stay and not forcing people that can't afford it to move in the middle of a very cold winter I think buys a tiny bit of good will and is the decent thing to do.
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27 February 2025 | 2 replies
Wondering if there are any gotchas or anything to be aware of when using this program.
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27 February 2025 | 7 replies
First, developing your awareness of the STRs around you is key to knowing how much someone is charging at any given time, the market's occupancy rate, and how much revenue your competitors are driving in.