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16 March 2024 | 8 replies
However, it's important to carefully evaluate the terms and costs associated with refinancing before making a decision.Ultimately, it's important to act quickly and decisively to address this issue before the next payment is due.
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17 March 2024 | 7 replies
My short-term rental is out of state but I manage it remotely (mostly guest communications and troubleshooting issues) and if I include in that the time I spent getting it ready to rent, I would say I materially participated and even more than anyone else (i.e. cleaner).
16 March 2024 | 5 replies
I don’t want to run into an issue where I get to many of them and not following rules.* I am only owner financing properties I own outright
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15 March 2024 | 4 replies
Power of attorney is not permitted, but I did have one lender who blessed off on a corporate resolution for a stateside entity member to have signing authority for the business.
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16 March 2024 | 6 replies
You are better off budgeting money for maintenance and capital expenses and keeping a reserve in case issues arise faster than your budgeted money gets socked away from incoming rents.
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16 March 2024 | 4 replies
The would be buyer made ridiculous demands and essentially used a few minor issues on inspection report to terminate.
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15 March 2024 | 6 replies
I've read the reports that talk about the permits pulled recently and overbuilding of multifamily, but I can't find whether those are big complexes or smaller. 4 units and less would qualify for residential financing, but is there a reason that I can't find anyone else building these?
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15 March 2024 | 1 reply
Submit either for variances/reasoning with city or go direct for building permit approval7.
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17 March 2024 | 12 replies
I wonder if the issue is the loan is less than 100k.