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27 April 2024 | 6 replies
One low interest easy to get loan.
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26 April 2024 | 21 replies
Alternatives to using your cash to buy a Home:S&P 500 Index:Assumption based on history: For the last 100 years this index fund has average annual returns of 10.13%.
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26 April 2024 | 5 replies
Did the underwriter not verify that you had the funds to close before allowing you to close the loan?
28 April 2024 | 25 replies
How much they can bill is slightly subjective, but the most common lifespan for carpets I hear is 5 years, with some saying as low as 3.
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28 April 2024 | 6 replies
Tenants can also pay with a credit card if they are short on funds!
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27 April 2024 | 5 replies
It was a little frustrating because I'd been in communication with these lenders from very early on, sharing all details with them from the start and repeatedly remarking on the Trust ownership, and stayed in contact with them throughout the discovery process as I firmed up everything on my end, and now I have the plans, the contractors, the OOP funds, and basically everything else ready to get started within 1-4 months, but I'm back at square one re: loan.
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25 April 2024 | 15 replies
. - not my first choice, unethical, needs cashb) Get to do a 13% or 19% rent increase if rents haven't been increased since May 1977 or May 1976, respectively - I will find out if there are records going this far back in due diligence phase, if offer gets acceptedc) Operate with a loss or very low NOI for 1 year, after that we will be eligible to apply for a Just & Reasonable Rent Adjustment. - with this, we can potentially increase rents by up to 145% depending on a comparison with baseline 1977 level rent amount.I have 2 questions:1) If there exists these 2 other, legal ways to increase rent in a rent controlled area, why does it seems like the only option most investors consider is cash for keys?
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27 April 2024 | 4 replies
There's a remote chance that the person who can't afford their payment can somehow afford to relocate the mobile home, but that's a VERY remote chance, offset in part by the higher interest rate, and in part by the surplus revenue received from the low vacancy produced in the park itself.
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26 April 2024 | 1 reply
My question is, as an investment advisor can I also raise funds as a syndicator without getting in trouble with the SEC?
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26 April 2024 | 3 replies
We are a direct lender and can provide funds for 6, 12, 18 or 24 month terms .