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20 April 2024 | 10 replies
Is that fee reduced if you are paying a referral fee to another agent?
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19 April 2024 | 2 replies
This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.
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21 April 2024 | 14 replies
You'd most likely just pay a one time fee.
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21 April 2024 | 12 replies
This criteria is for 1-4 and 5-8 unit programs.I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.
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21 April 2024 | 11 replies
The dark side of real estate syndication that nobody talks about That and the sponsors not doing a capital call but raising a debt fund that will have an equity position in that deal so they can continue to collect fees but now investors are further down the capital stack and more likely they will lose even more money....
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20 April 2024 | 4 replies
He wants to do that to avoid a late fee on the more recently due payment (B).
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21 April 2024 | 7 replies
The pool is a seasonal thing and most HOA gyms are less than desirable.Plus the HOA can raise their fees anytime they want to.
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20 April 2024 | 12 replies
Is the 2% acquisition fee for the whole project or just the funds raised?
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17 April 2024 | 9 replies
Are the fees just the 6% RE commission or are there other fees I could consider when making a counter offer.
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18 April 2024 | 12 replies
And we're not adding all these extra fees.