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14 August 2024 | 134 replies
All the construction loans are in my name personally Just like MF GP .. of course I had to PG those loans :( But thats what you have to do to get them at my level.. about 50 million in loans.
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2 August 2024 | 1 reply
PG and Baltimore city are notorious for taking forever for an eviction.
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30 July 2024 | 7 replies
Every time slot during the day has a purpose... even if that is just free time, social time, family time etc.
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28 July 2024 | 8 replies
I had planned to have the paper notarized at the Chiang Mai Consulate but they only do notarizing 2 days a week and the slots filled up quickly.
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29 July 2024 | 16 replies
That's literally what the PG is for - if the entity cant service it's debt, you've guaranteed that you will do so personally.
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25 July 2024 | 3 replies
For bigger transactional income we have our building projects which I have to PG however even though the risk is always there we have been blessed these last 4 years on these that equates to about 120 homes built and mostly all sold.. then the balance in Notes a few long term.. and JV partner on land deals and flip houses those have zero debt.
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22 July 2024 | 8 replies
The property is in PG county, MD.
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23 July 2024 | 13 replies
The main issue you will find is most DSCR loans are fully recourse and require a PG.
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22 July 2024 | 2 replies
If there is a PG, then I recommend looking to start selling some off ASAP as the longer they are in default the accrued and default interest clock keeps ticking.
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20 July 2024 | 10 replies
Even if your refinance into a DSCR to pay off one of the existing loans, there's a 99.9% probability that you will have to PG the new loan.