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30 September 2024 | 10 replies
I tried that once and was seeing double digits %.
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4 October 2024 | 8 replies
Are you showing double income?
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1 October 2024 | 2 replies
Investment Info: Multi-family residential buy & hold investment located a 20-mile drive or 25-minute ferry ride from downtown Boston in the beach town of Hull, Massachusetts, also known as Nantasket Beach.Purchase price: $550,000 in 2016Cash invested: $137,500 from 1031 exchange (75% mortgage)A 14-unit property on a corner lot, and it includes an adjacent lot as well (10,000 sq ft total lot size, double the town median lot size), giving an exceptionally large patio, yard, parking areas front and back, and a storage shed.
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1 October 2024 | 15 replies
From my understanding of CSS and partial dispositions, one (taxing insurance proceeds) has nothing to do with the other (tracking depreciation or doubling on depreciating assets).
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7 October 2024 | 190 replies
So, my extended thinking in service of that goal is to double down on BTC for 24 months and see how we’re doing.
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4 October 2024 | 27 replies
You will need to double check with a lender but my understanding is yes, they will look at current or appraised rents, whichever is lower, and factor in 75% of the rents.
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29 September 2024 | 2 replies
Most likely once you cut open a hole in your sheetrock you will se the 2x4 wall framing, and more sheetrock, which should be doubled 5/8" fire rated sheet rock.
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1 October 2024 | 4 replies
We make loan at a total cost to borrower of about double what “A or B” risk borrowers would pay for bank financingLoans are 1st liens, short term (12 - 24 months) at no higher than 65% loan to value.Hope this adds clarity
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1 October 2024 | 6 replies
Architects and builders in the area are quoting 2000 per square foot, but I am seeing new construction builds in Martis camp selling for 4 million for 4000 square feet, just wondering why I am being quoted double what other builds are being sold for.
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2 October 2024 | 11 replies
There is no origination listed, which is odd for a DSCR loan...I would double-check that that's not something they'll sneak in there later.