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8 March 2024 | 13 replies
Some require lien releases to be signed, others didn't, but we always got them anyways, so as not to get ourselves in trouble.All of my loans had draw fees (typically $150-$250 per draw), and they all allowed me to pick the schedule of draws.
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7 March 2024 | 10 replies
There also might be more rebates for electric these days as part of the Inflation Reduction Act.https://www.rewiringamerica.org/press-release/doe-proposed-g...That being said, in my area, the gas utility will often run the line from the street to the meter on their dime as they want your business.
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6 March 2024 | 2 replies
According to the summary of the bill and the linked press release, the bill would allow the number of ADU's to be up to 25% of the existing multifamily dwelling units.
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7 March 2024 | 22 replies
Yes, you should do it if you can release the losses now or in the future.
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6 March 2024 | 9 replies
Bank won't release funds, bank doesn't release draws timely, extension need more equity, more reserves, etc. 5 years ago it might have been easier, but maybe not easy, just easier.
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9 March 2024 | 261 replies
Quote from @Timothy Hero: My favorite is when investors reach out to me, a DSCR mortgage broker, want me to find them the best financing, and then say "but I want to save on closing costs, so I'd rather not pay a broker fee".Those are my favorites lol well come on they know your getting a service release premium and back end commission so of course they want a free ride.
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5 March 2024 | 2 replies
If you find someone to move in on March 1, then you would release the previous tenant from all responsibility at that point.Many renters like to bully landlords to get out of penalties.
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4 March 2024 | 2 replies
Would defer to someone with a legal background as to the ramifications of lead inside vs. outside your house, adding more relevant links for folks hearing this for the first time.https://riag.ri.gov/press-releases/attorney-general-neronha-...https://health.ri.gov/programs/detail.php?
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4 March 2024 | 71 replies
The loan is secured by the property and I doubt the lender will release the loan unless you pay it off.