
15 October 2024 | 5 replies
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14 October 2024 | 3 replies
.• Have written permission from your Homeowners Association (HOA), if applicable.

14 October 2024 | 31 replies
Don’t forget to get title insurance to, and get the owner’s paperwork showing that all contractors, subcontractors, and materialmen have been paid.As for short term rental of a condo you buy, most condominium associations don’t allow that, and for good reason.

13 October 2024 | 10 replies
So this is the association’s solution.

15 October 2024 | 10 replies
I'd attack the credit report :) 1) lower (pay down) whatever accounts have a high utilization percentage 2) contact each of 3 major consumer credit agencies and get a free report, then dispute every hard inquiry that is *NOT* associated with an open account 3) call the credit cards you already have established and ask for a credit line increase -- often can be done online and they do not verify income, hint hint.

14 October 2024 | 9 replies
Can’t someone review any recorded instruments associated with your properties and see who signed on behalf of the LLC?

14 October 2024 | 13 replies
So make sure that you read the HOA or condo association rules seriously before any commitment.

16 October 2024 | 10 replies
. $70k is quite a lot where things could go bad imo.But to comment on the other thing:> on the first - maybe. it does seem like you have good experience. but your numbers on it as a BRRRR are overly optimistic. you'll have to pay points at closing for the loan; you'll have holding costs while you rehab; it's difficult to get an 80% refinance; and refinances aren't free either. so you've left tens of thousands of dollars in costs out.So, we have already talked with the hard-money/bridge lender about all associated fees (1.5% origination, $2500 closing), they are included above.

13 October 2024 | 5 replies
Neither can a business they are associated with.

14 October 2024 | 5 replies
I like to look at each component of the process on an itemized level first so that when I do work with a developer I can have my own reference for all the bundled costs associated with the build proposal.