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21 March 2024 | 16 replies
The estoppel will probably require you to make contact with these tenants and come up with an end date on the lease.
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21 March 2024 | 9 replies
This of course requires the property to be cash flow positive.2 - The equity accumulated from appreciation (only) must equal the equity you payed for,...the DP.
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20 March 2024 | 4 replies
My name is Lalo and I'm new here. i live in Astoria NY and I'm looking to buy my first multifamily property with a FHA loan or something that requires a small amount for the down payment.
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21 March 2024 | 10 replies
Most hard money work as follows:•Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
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20 March 2024 | 15 replies
Average min dscr requirement is 1.2.
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20 March 2024 | 3 replies
However, I recently got an offer letter that will require me to be on site.
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20 March 2024 | 6 replies
What Insurance coverage you need to require of the Pharmacy in the lease (General Liability, Professional Liability, Environmental/Pollution Liability, Business Auto, Workers Comp., Umbrella Liability.
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21 March 2024 | 7 replies
That's one of the ways in which those projects are able to provide services to a higher density of units...individual City services are typically not feasible for these projects because they won't meet City requirements for access maintenance etc.
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20 March 2024 | 19 replies
@Stephen Dispensa actually, I think the MLS' that require NAR membership...
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21 March 2024 | 0 replies
This is a 0% interest loan for almost all of the downpayment required.