21 March 2021 | 1 reply
Because of our relations, FHA rules it as a non arms length deal, and 15 percent is the minimum down as apposed to 3.75 percent.
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17 January 2019 | 1 reply
In short, they don't like it.Rather, civil servant's #1 priority is their pension and the codes are explicit about zoning uses, so they're not going to be flexible about much of anything, which seems to be a universal.
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24 April 2019 | 15 replies
What's not explicitly said in the petition is that there needs to be a "re-opening" of residential capacity, as controlled by the zoning maps, in our neighborhoods to allow 2-flats to be built where they used to be built but are currently banned.
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24 January 2019 | 19 replies
All transactions involving your 401K must be arms length.
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18 January 2019 | 2 replies
Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.
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23 January 2019 | 8 replies
Complications arise because you can ‘up the rent’ by lowering the fees you charge to the medical Corp to which you supply medical services and to whom you rent the building.The result is that this is not an arms length transaction, no matter what you do.
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20 January 2019 | 2 replies
Due diligence on location of the property, contingent on inspection before closing and meeting rehab schedule, and heavy due diligence on the property management arm.
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21 January 2019 | 6 replies
Far too often, people don't give themselves enough credit or value for the time, skill, and effort needed to successfully source, acquire, and manage a property.Whenever you start a jv relationship you need to make sure you have a clear contract that explicitly states what happens for cash calls, selling the property etc.
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6 February 2019 | 61 replies
My Banker will do up to 25 years, prime plus 0.50%, 5/1 ARM, no balloon, 85% LTV, ~1% or less fees.
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8 June 2021 | 15 replies
It can be a problem if you're buying with a program that has an explicit residency requirement.