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24 July 2024 | 9 replies
-Appraisals seem to come in low a higher percentage of time than with conventional loansAs a listing agent, this is the order of preference for how the loan on an offer looks1) All Cash No Contingencies2) All Cash Some Contingencies3) Hard Money Local Hard Money Lender4) High Down Payment Conventional Loan5) Low Down Payment Conventional Loan5) FHA/VA Loan6) FHA/VA Rehab Loan7) Hard Money National Lender
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26 July 2024 | 75 replies
Also, you LLC would disqualify you from using a residential loan since legal entities are not eligible for conforming residential loans.Usually, a HML would pay for a percentage of the acquisition and a same or different percentage of the reno.
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24 July 2024 | 7 replies
Turnkey providers typically charge a percentage of gross rents plus a markup on maintenance calls.
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23 July 2024 | 6 replies
Could I have a real estate agent find a buyer for this contract/property and offer the agent a percentage of the assignment fee?
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23 July 2024 | 2 replies
Cost segregation is a popular tax deferral strategy and there is often confusion as to the difference between bonus depreciation and reclassification.Bonus DepreciationBonus depreciation is a tax incentive that allows a business to immediately deduct a large percentage of the purchase price of eligible assets, such as washers and dryers, rather than write them off over the "useful life" of that asset.
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24 July 2024 | 8 replies
Generally the fees are going to be very rough on DSCR Loans of that size (as a percentage of loan amount) but probably no choice right now - the market for DSCR Loans under $100k is very small and less than $75k even smaller.
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23 July 2024 | 0 replies
If you can, making a cash offer can give you an edge in negotiations and a quicker closing process.For Sellers:Price Competitively: Despite slight decreases in the percentage of original list price received, pricing your property competitively can attract more buyers and lead to faster sales.Highlight Unique Features: With increased inventory, make your property stand out by emphasizing unique features and upgrades that appeal to buyers.Market Outlook:Stability and Growth: The market shows stability with moderate growth in single-family home prices and substantial increases in active inventory.
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23 July 2024 | 0 replies
If possible, making a cash offer can give you an edge in negotiations and a quicker closing process.For Sellers:Price Competitively: Despite slight decreases in the percentage of original list price received, pricing your property competitively can attract more buyers and lead to faster sales.Highlight Unique Features: With increased inventory, make your property stand out by emphasizing unique features and upgrades that appeal to buyers.Market Outlook:Stability and Growth: The market shows stability with moderate growth in single-family home prices and substantial increases in active inventory.
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20 July 2024 | 3 replies
Hi guys we just received our for rent payment! As I am accounting for vacancy, capital expenditures and repairs, I have read to use around 5% for each.I am not sure where the 5% comes from. Is it 5% of the rent?
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27 July 2024 | 108 replies
Even on a trial you're assigned percentages of liability, and it is difficult to imagine what you could do in a condo to have 100% liability in any lawsuit.