
3 March 2024 | 1 reply
Both of these metrics are used to measure, or determine risk when financing commercial property or making a commercial mortgage loan.LTVThe loan-to-value ratio, or LTV, is a measure of the relationship between the loan amount and the value of the commercial real estate (collateral).Calculating the LTV helps commercial real estate lenders determine both the qualification of a borrower and the proposed terms of the debt being considered.LTV = Loan Amount / Appraised ValueBe sure to understand that the LTV will be calculated off of the appraised (market) value of the asset.

3 March 2024 | 7 replies
It adds a whole extra level of complexity and cost (especially since legal entities aren't eligible for conforming loans such as FHA).

4 March 2024 | 4 replies
I'm hoping this framework helps you out as well.1) I assessed impact of garage conversion on the value of the property2) I determined whether it is legal to convert the garage into a living space.3) I assessed the financial viability of the project with available sources of funding.Assessing impact of garage conversion on the value of the propertyBefore I started, I assessed whether the garage conversion would be advantageous for us.

3 March 2024 | 2 replies
However, it is important to consult with a legal professional or tax advisor to ensure that this arrangement is feasible and complies with all applicable laws and regulations.
5 March 2024 | 2 replies
If it's Starbucks though I know I am getting paid for full primary lease term and even if they close the place they will pay rent to me so I am okay giving the full fee to leasing broker once they are open and operating.No legal advice given.

4 March 2024 | 2 replies
Title has to reside with some entity or entites, be they just legal or warm-blooded entities.

5 March 2024 | 43 replies
Be sure to go over your lease carefully, so this is all spelled out legally.
6 March 2024 | 19 replies
SEATTLE — Legal action taken by the Washington State Attorney General (AGO) against foreclosure trustee Quality Loan Service Corp. of Washington (QLS) has stopped unfair and deceptive business practices.

4 March 2024 | 2 replies
That's why I recommend "Every Landlord's Legal Guide" by NOLO or "The Book on Managing Rental Properties" by Brandon Turner.1.

4 March 2024 | 9 replies
I usually tell my new clients to anticipate ~3-4 points origination on a rehab and ~2 points on a refinance along with another ~5k in UW, doc prep, legal, etc.