
1 September 2019 | 4 replies
It depends a lot on the property type and your plan with the building.For example, for a typical multifamily building in NYC, you might gets 5+5, 7+5 or a 10 year quote over a 30 year amortization (the '+' meaning that your initial term of 5 or 7 years is at a fixed interest rate and after that initial term is over, you have the ability to exercise an option to either fix or float the rate for an additional 5 years).Tell me more specifically about the asset and I may be able to point you in the right direction!

30 November 2019 | 4 replies
You should do the following exercise.

23 September 2020 | 9 replies
(Not so fortunate for him.)With that being said, you still want to exercise caution in dealing with his property.

5 May 2020 | 15 replies
She is tired of running the laundry mat. 2: She doesn't want capital gains by selling.Your offer should be to either do seller financing for a monthly amount that suits both of you and a term that is longer than their expected lifetime.Or, you could do a renewable lease option, which allows for you to exercise the option upon her death at which time her heirs will inherit the property tax free and you can pay them the option amount.

22 January 2019 | 22 replies
The most precise and accurate way to calculate CapEx is to:List out all CapEx items for a particular property (Roof, A/C, furnace, appliances, flooring, hot water heater, etc...).Determine the approximate lifetime and replacement cost of each item.Determine the approximate useful life remaining for each item at the property.Aggregate this information to determine a monthly reserve amount.Obviously that's a lot of work, but it's an exercise that I recommend everyone who is new goes through at least once or twice on a property before making an offer.

12 August 2015 | 13 replies
They too are choosing to rent for various reasons from enhancing lifestyle to relocating closer to offspring or other family.

9 March 2018 | 13 replies
She plans to exercise it in 2 years.
18 June 2018 | 0 replies
This house is move in ready any construction would be additions/renovation done to enhance housePrice $205,000$7500 seller concession Total loan $212,500Taxes $5500After all other fees added, payment would be $18302 family house 3 br 2 bathUnfinished basementFirst floor 1 br, 1 bathTenant occupied paying $1200 a month2nd floor2 br, 1 bath, walk up attic I will be living in this unitDownfall: bathroom is connected to one bedroom (like a master bathroom) I would need to add a bathroom in the attic directly above the bathroom connected to the bedroom.
27 March 2018 | 2 replies
However, I'm interested to hear from others if this is a worthwhile exercise, or if their is another avenue to look into where I can see these pre-foreclosure and divorce leads even before they come to the newspapers public section.

21 November 2019 | 1 reply
Once the permits have been gotten, the buyer will exercise their write to buy the property for $500,000.