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6 June 2020 | 13 replies
My company had to pivot from full renovations to more moderate renovations packages that fit within the new $15,000 capital improvements regulation.
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10 February 2020 | 11 replies
Yes, this is not far out of line.....assuming the seller has already been qualified for a short sale, the offer package was complete, you should have had a BPO and price determination by now.
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8 September 2019 | 18 replies
After that, it’s your discretion.
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28 November 2020 | 43 replies
For the past 12 years I have specialized in doing construction insurance for real estate developers doing projects 10M and up to over $1B and doing what is called OCIPs (Owner Controlled Insurance Programs).Just my two cents but if you have multiple properties you might look at a commercial package policy that may have the option of blanketing property (one limit covers all properties and contents assuming they are not all in same location as carriers dont like that).
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20 September 2019 | 2 replies
Then its just design development, permits, and the full CD package.
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13 September 2019 | 4 replies
As long as you are direct to seller and the properties have upside potential you shouldn’t have any trouble.Most package deals do not make sense financially and the sellers will sell units individually.
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9 September 2019 | 2 replies
@Connor Riley BP has lease packages for sale that are state specific.
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10 September 2019 | 2 replies
What would a deal be package like to would be considered turn key?
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11 September 2019 | 8 replies
This would be 1 year Upfront Homeowner's Insurance + up to 6 additional months insurance at the Underwrite's discretion; 1 Year Upfront plus Taxes + up to 6 months additional Taxes at the Underwriter's discretion; plus HOA upfront if applicable If you have a Non-QM (Non-Qualified Mortgage) they may NOT require additional months taxes and insurance if you can show a certain amount of liquidity after you close.
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17 September 2019 | 4 replies
Or finding a portfolio lender and doing a refi for all 11 as a package?