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11 April 2015 | 10 replies
It is not a question about capacity of performing the job, it is the question of the financial capacity, bonding ability, and fund security from/to developers.
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10 April 2015 | 2 replies
A place the Young,Black,White,Hispanic,etc...can go to feel free safe and secure to explore and release there hidding talents while connecting with there fellow youth and still grasping the tool's they will need along the way to seced in everyday life.But a location is disclosed at this point of time.
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6 November 2015 | 48 replies
My income dwarfed the old secure government job until the worst real estate depression in history took root and then my REI lost me more money in two years than most people make in a lifetime.
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19 April 2015 | 25 replies
If we can get in the last few days of the previous tenants lease to start work..we promise to get out the security deposit asap rather then waiting the 29 days legally we are allowed to.
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11 May 2016 | 4 replies
Just closed today, May 10th on a SFR in Austin that cash flows $800 per month.Went back to the title company to get the keys and checks, got keys and security deposit check.I said the prorated rent check is missing and they said it's probably because the tenant didn't pay rent and the buying/selling agent should figure it out.
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11 May 2016 | 10 replies
Ensure you screen properly, take security deposits and get parental co-signers for anyone who doesn't have a strong rental history.
10 May 2016 | 0 replies
The buyer defaulted on getting the mortgage secured within the time applicable.
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11 June 2016 | 9 replies
my experience is that they dont like LOC's north of $500K, and really prefer $300K, But most banks would be happy to give you 70-80% LTV portfolio loan, the banks dont like LOC's secured against real estate, because it ties up twice you available, so if you have a $300K line with no balance, the bank need $600K on hand to cover you, that becomes a liability to them, but if the give you $300K and amm it, its backed by the asset, so the bank doesnt need cash on hand to cover you, now you are an asset giving them a return on the investment they made. at least thats how it was explained to me
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12 May 2016 | 3 replies
The lender wants to ensure that the title is clear to secure their position, so I can understand that but I thought title companies primarily look for liens against property.
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11 May 2016 | 1 reply
I had to find a private lender to secure the additional financing which was a safe deal and it worked out but I'm always looking for experience to build off of.