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3 May 2024 | 1 reply
The turn-key model works well for me as I am a full time CPA working at a large tech company in the SF Bay Area.
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2 May 2024 | 16 replies
I'm very conservative and want conservative leverage percentages, long-term fixed rate loans, high skin in the game and sponsor that has experienced at least one full real estate cycle and lost little to no investor money.
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3 May 2024 | 7 replies
I did some marketing work with them on HoltonWiseTV a few years ago, pretty legit company.
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3 May 2024 | 11 replies
If this is a long term unfurnished rental then find another property management company with rates you're ok with.
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2 May 2024 | 5 replies
First, contact the water company about the leak.
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3 May 2024 | 12 replies
We do everything, gut-job remodels, new construction, and lots of service repairs for property management companies.
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2 May 2024 | 3 replies
I've never heard of this company before but want to check into it further.
3 May 2024 | 12 replies
It took the company about 15 yrs of being around and building their portfolio before the two principals of the company were able to remove themselves from all personal guarantees and get to purely non-recourse debt with bad boy carveouts.When looking at MF loans, you can often find non-recourse debt on acquisition financing as low as about $1mm loan balance, even with no real experience (granted, you will need an experienced management company lined up and personal financial statements showing a net worth equal to loan balance, but you are not putting your personal financials at risk like many commercial loans).
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2 May 2024 | 12 replies
I’ve heard people getting title companies to do free ones for them.
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2 May 2024 | 7 replies
I'm sure that is true, because most mortgage companies aren't going to go searching for issues when there aren't problems - but in the truest sense of the word this is loan fraud and I'm just not up for it in my portfolio.I did hear from a friend of a friend type that she was able to close a subto with a small local bank somewhere in Georgia (property was also located there) because of a long standing relationship with the bank.