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7 May 2024 | 0 replies
Our hope is to find ways to increase cashflow with this property short term and reduce our bleeding, and also consider the cost associated to implement.The property is 2 units fully occupied. 1 tenant already rents out our garage for an extra cost, the other tenants are left with no additional storage outside their unit.
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7 May 2024 | 5 replies
He mentioned having a second mortgage on the house (orig. purchased in 2014) and credit card debt and that’s why he needs to sell even though he says he really doesn’t want to.
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6 May 2024 | 30 replies
Where are the opportunities to make some additional revenue.
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7 May 2024 | 19 replies
Hey Jerell, when I screen my tenants and look over their credit scores I can tell if someone needs reminders.
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7 May 2024 | 9 replies
These additional assets give the lender more assurance in case the borrower can't repay the loan.
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6 May 2024 | 9 replies
the Reason is if you do a sub too .. the buyer can default and it will take you a few months to figure it out by then your have mortgage lates on your credit its hard to take the property back on the wrap you can easily foreclose etc.. really depends on what your credit score is worth to you .. ???
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5 May 2024 | 4 replies
Hey Everyone I have a specifically random question.What is the process to getting a Line of Credit to a Mobile Home Park that is in a Joint Venture?
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7 May 2024 | 1 reply
In addition, I included my plan strategy in the attachments.
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7 May 2024 | 6 replies
My plan is to continue to operate the LTR, get approvals for my already initiated project one way or another from the board/or not since I've already put in a fair amount of money for turf/installation, and respectfully decline this additional potential $6k charge.
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6 May 2024 | 2 replies
I have been looking into a business line of credit.