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11 December 2024 | 101 replies
I would not pay 80% upfront, you can go along and make a payment plan while construction is under way, and the result should be mostly the same for the developer, and you don't risk so much before even constructions starts.Have a lawyer go over legal documents so that you know the property belongs to them or if they have it in a trust.
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27 November 2024 | 9 replies
I have submitted a loan request and should have the loan numbers shortly.
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23 November 2024 | 11 replies
Please help us find deals for Dave to review by submitting your deals on the link provided, and give us as much information about the deal as you can!
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27 November 2024 | 2 replies
I am looking to create content online to document my journey, educate others, and market.
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25 November 2024 | 2 replies
They will have requirements on how you can document the transfer of funds.
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26 November 2024 | 4 replies
Hello, I'm trying to find access to blank purchase contract for wholesaling in California, and a blank assignment document.
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26 November 2024 | 2 replies
.🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.
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28 November 2024 | 9 replies
I did a modestly complicated simultaneous 1031 exchange a few years ago with no QI and did all the document drafting myself.
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26 November 2024 | 8 replies
It's a friend or family member and not a business, like a person, they would need to submit a proof of funds from one bank account with a signed letter saying they will provide the funds for the purchase of this address.
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22 November 2024 | 24 replies
@Fahima Hilal an architect usually only outlines mechanicals, plumbing & electrical on their blueprints.Your contracts should be creating appropriate drawings showing where their stuff would go and submit to city with their permit application.