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8 July 2024 | 2 replies
@JJ WilliamsI am not a fan of giving cash flow or equity or anything like that in these scenarios- I would rather pick a fixed rate to borrow on and have them act only as a lenderAs time goes on cash flow will increase over time - do you want to owe them for perpetuity on that asset ?
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8 July 2024 | 15 replies
VA loans are the easiest loans to use with installment contracts since they were assumable, which means that with the interest rate being assumable, the lender lacks the basis of the interest rate risk under the due on sale clause.It's easy to check with the lender, just ask if the loan is still assumable.
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5 July 2024 | 8 replies
Loan Details: - Interest Rate: 3% - Loan Duration: Up to 30 years - Maximum Loan Amount: $10M - Documentation Fee: $720 - Approval and Funding Time: 48 hours3.
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8 July 2024 | 27 replies
I heard using my own name is easier to get approved for loan and having lower rate.
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8 July 2024 | 4 replies
Asset based mortgages carry a better rate but you are going to have your assets locked up not able to touch until you refinance or sell the properties.
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8 July 2024 | 3 replies
Any of the tax options that don't pass through are likely taxed at a higher rate or create other issues with their structure.
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8 July 2024 | 6 replies
Just search for "Scottsdale building permit fees".
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12 July 2024 | 24 replies
When my agent tried to submit a bid again, the minimum bid was set at $293K ($269.3K + 6% agent commission + whatever fees/costs HUD has incurred so far).
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8 July 2024 | 11 replies
They may come up but understand that rental rates are generally well below market (hence the discount) and these deals are largely off-market if you're able to find them.
8 July 2024 | 9 replies
We then brought in another contractor and we ended up being about 30k under budget on top of his 10k contractor fee.