11 October 2019 | 50 replies
Are the expensive components of the house in good shape, foundation, roof, etc. ?
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10 October 2019 | 5 replies
I haven't actually pulled the trigger on anything just yet because I am at a sort of a brainstorming phase trying to align myself with the best route to take.
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8 October 2019 | 0 replies
This seems incredibly difficult to achieve unless I can finance the deal completely myself thus removing the mortgage/interest component.
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9 October 2019 | 2 replies
Each buyer is unique, so an objective broker should be able to understand the true wants and needs and submit an offer in alignment with each unique client, even if those clients are pursing the same property.
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16 October 2019 | 3 replies
Hi all - I'm looking fora real estate attorney to help out on a small transaction of less than 200K, either as a lender or with an equity component.
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10 October 2019 | 15 replies
Let them tell you whats needed and work with them through the process, establishing that you respect their authority on the matter and are trying to work with them can go a long way in making your life easier.For reference, a simplified lift of drawings required for a typical house permit in my area are:- a site plan, - floor plans for every level calling out life safety elements, dimensions, etc- building and wall sections describing the construction of all the building components as well as their r values - building elevations - Architectural details - Structural drawings and details- Structural Calculations Hope that helps, feel free to reach out with any other specific questions you might have.
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27 October 2019 | 11 replies
Hell, you could even go as far as removing all working components, and installing a custom counter top on the stove.
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23 October 2019 | 11 replies
The income is another key component for the appraisal, so make sure you can prove it.You don't necessarily need a commercial loan-just a local portfolio lender like a small community bank or credit union that may underwrite loan more like a commercial loan, which is the reason I have stressed the need for buildings documented income.Just my 2 cents.
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10 October 2019 | 1 reply
Matthew stopped updating his google doc a little while ago, but you can reach out to him and ask how it's gone.From the folks I've interviewed for my show, it's clear that the experience and integrity of the sponsors is the most critical component.
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20 October 2019 | 26 replies
One of the main components here in the risk premiums (though not the entirety of it by any means) is the function of demand.