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14 April 2017 | 4 replies
In a situation where you don't own the property but are doing a sandwich lease, how do you handle FHA's 90 day seasoning requirement when your end buyer is ready to get financed and can only go FHA?
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5 April 2017 | 0 replies
We're opening an office in Chicago for our retail mortgage business and our team would love to work alongside a brokerage who's agents could use a seasoned lender near them.
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15 April 2017 | 29 replies
The weather is nice, we get all four seasons.
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2 December 2017 | 4 replies
Probably recurring seasonal cleanup and pruning work but not looking for a monthly contract.
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11 April 2017 | 5 replies
I am looking for any of them that do not worry about seasoning.
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6 September 2022 | 9 replies
It’s rather simple, if the deal is really worth more than your paying, and requires no improvements, then you just wait 12 months (season the property), and refi at at market value.
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8 April 2017 | 9 replies
Not that serious @Andrew Wong, I just did some consulting for a person last summer season that owns 4 condos in the village area of la Jolla, let me tell you what we found out, Village property rents easy specially anything with walking distance, I simple Vacation Rental Sign in the building got us a lot of bookings, VRBO,AIRBNB work well with properties under $400 per night, if your property is over that maybe you want to try reaching out to other websites like Luxury Retreats.com and others, any questions feel free to reach out.
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6 April 2017 | 4 replies
Remember that FHA will ask for seasoned funds for your down payment and that your lender will want to see an additional 6 months of reserves in your bank account.
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6 April 2017 | 37 replies
Now she is complaining that I am being unfair and she is not happy because Cozy drafted her account on the 30th (so to her that means she paid).Even though she is a pretty good tenant who has paid on-time, my understanding in talking with other seasoned investors is that landlords can get into trouble by making exceptions (if I were to look the other way on this).
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30 January 2022 | 4 replies
Hey Brendon,We have a small campground we built so hopefully I can offer a little help until others contribute.Lots of things determine the construction cost and not being from your desired location handicaps me.That being said maybe I can at least shed some light on your idea.Things that will determine actual per lot cost are power,sewer and water.1-Underground power is the way to go,more cost but more spaces because of overhead clearance restrictions.2-Available sewer also is best but septic systems work fine but cost more and chew up land area and require more long term maintenance (we have septic systems,3 spaces per system). 3- Water,there again country,or city water is best but a well and your own systems works fine also just requires more upkeep.As far as the park itself it's best to (IMO).1-set park up with three sections to accommodate different styles of campers,over night,seasonal and annual (if area warrants),all three have there pros and cons,overnight area is cheapest to construct since you'll just have bathhouse ( no septic,power or water per site). seasonal spaces will be completely developed but will rent for highest amt because it's short term (usually power is included into rate).Last is annual which again lots are fully developed but not so much in and out and consistent cash flow,tenants put utilities in there name as they would a SFR.