4 March 2024 | 1 reply
What kind of teeth do these zoning laws have typically?
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4 March 2024 | 9 replies
Costs to purchase a home are above what the typical family can afford to buy.
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3 March 2024 | 1 reply
Not the purchase price.As an underwriter, typically you would model a potential acquisition using LTV on stabilized assets or properties that do not require significant improvements.This is because capital expenditure costs will typically not be financed by the lender.
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2 March 2024 | 17 replies
also, I am exploring different funding options including HELOC, HEL, etc.Given current rates are quite high and sticky, how do you recommend to utilize these funding options?
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3 March 2024 | 42 replies
Thanks for the response. talk to the commercial department... they typically don't have limits.
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4 March 2024 | 5 replies
Typical rates are 8-12% of income either monthly or yearly depending on manager.
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3 March 2024 | 5 replies
We typically meet the 3rd Thursday of every month, but will need to adjust for March.
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4 March 2024 | 46 replies
@Cody Key I got this email soliciting my business offering 100% financing and 100% rehab which seemed way too good to be true, he also asked for finding fee upfront prior to approval and asked for a utility bill along with the very generic loan app.
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3 March 2024 | 2 replies
Typically, your stabilized operating expense ratio (Total Operating Expenses / Effective Gross Income) should be between 35% and 50%.
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4 March 2024 | 15 replies
Its just up to your personal preferences on risk mitigation.TX LLC owned by a WY LLC offers a lot of protection that may be overkill for a SFR worth $400k and $150k in equity.We offer anonymous TX LLCs through our law firm, half the cost and all the benefit.I'm an investor, and don't use WY.Yup, I had the occasion only once to utilize an LLC (Texas) in which all paperwork appeared in the name of a nominee whose relationship with myself was governed by a non recorded contract.