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16 May 2016 | 1 reply
Plus, one may perform differently in your market vs my market vs someone else's market.
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17 May 2016 | 7 replies
You just said it in the last paragraph, a construction loan will work, you will only pay interest for a certain time period before it switches to a conventional or commercial loan. being the house is under an LLC you will have to go to a commercial mortgage specialist at your bank and they will set it all up. i did this with one of my properties, purchased it with equity loan from my private residence, then took a construction loan from the bank to do the work and based it on the ARV and the rental income that would be coming in, the work was more than what i paid for the house, converted a split entry single family home to a 2 family, everything brand new inside. you may be able to get the repairs done and on the market before the loan goes from interest only to a P&I loan.
17 May 2016 | 4 replies
s...the confirmation by the court is for the equal distribution to the beneficiaries not whether the sale should go ahead or not.since its a fix and flip, there is no rental income.......i would suggest speaking to your lawyer as to how well protected are you by the articles of agreementIf you were to go ahead, fix it then hold it to earn rental income while waiting for title(specific performance)?
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19 May 2016 | 23 replies
It helped a great deal with the market recovery as these Wall Street funds provided a role that the secondary loan servicing market was unable to perform for a few years.For the primary markets like, L.A., Las Vegas, Orlando, Tampa, Miami, Atlanta, Dallas, Houston, Phoenix, Boston these hedge funds sped up the recovery at a rapid rate.
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20 May 2016 | 11 replies
If you are looking for passive income, then you want performing notes.
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20 February 2019 | 31 replies
Some purchase and sales agreements (Lease Purchase) may have specific performance requirements that allows litigation is the buyer doesn't buy, but I don't really recommend adding insult to injury if a buyer doesn't close in a lease purchase by them forfeiting their earnest money AND staring down the barrel of a lawsuit for not buying.
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17 May 2016 | 6 replies
They don't have to deal with the aftermath that you do if a investment project does not perform to original devised plan.
12 July 2016 | 12 replies
Then come back in with brand new plumbing, cabinets, banities, light fixtures, paint, floor decking, flooring, drywall, and electical systems from the weather head in.
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24 May 2016 | 8 replies
I just installed a brand new 2 stage high-efficiency gas furnace in my duplex.I heat the property for 55/month...that's both units.
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13 May 2021 | 7 replies
It is a brand new construction from Style craft builders.