::Math End::3) Terms are usually between 9-12mths4) Interest Rates are usually between 9-16% and depend on the overall asset and related risk assessment5) Points usually range between 2-6% and again depend on the overall asset and related risk assessment6) Attorney to prepare related lending documents (Note, Mortgage, etc.)7) All properties should be Non-Owner Occupied only8) Your documents should contain verbiage related to extensions, defaults, escrows and so forth9) On a rehab project, you typically want to have an Escrow Account for the rehab funds which are released in proportion to the work completed which is verified through Draw Inspections.

Even though we've gone over it when they signed the lease, most tenants have no idea where their lease is, have never looked at it since it was signed, and tend to imagine that it does, or doesn't, contain whatever suits their situation.

If you can get title insurance then you can provide a warranty deed so long as your policy doesn't contain exceptions concerning your quit claim deed.

I have a meeting today with the 2 partners and the bank regarding financing for a Model unit and Spec unit.All of this new business with the bank will be done under a different entity, owned by 2 other partners that will be doing the construction, but the land will remain in the name of the trust which contains all of the partners.Due to the amount of time that has gone by there is just no way the land development can make any profit.

I can't see any one book, much less a guru book, provide anything near the educational materials contained in obtaining the CCIM designation.The CCIM isn't a license it's a designation, you need a RE license to conduct commercial transactions.

It contains a lot of things you'll need to start thinking about and touches on some of the things you should be doing: link to the post.Have you already joined a broker?

., new ceramic tile in the hallway, kitchen and bathroom, and bathroom completely redone (new bath and surround, new vanity, new ceramic floor, new toilet) all at a cost of some $10,000.

Additionally, Investment Properties B would lease the Capital Assets of Investment Company A in the name of Investment Properties B, thus therefore putting more of the risk with the Property Management LLC and less risk on the actual Capital Assets contained in the LLC created for holding all properties.I am concerned with the costs and management of forming different LLCs for each property in California, as California does have the $800 minimum tax.

Thank you in advance...I am a NJ tenant having resided in my unit for 5 years with no written lease in place.Landlord has raised rent and is asking me to sign a lease which contains the following clause...Attorney's Fees...

I'm referring to the actual system that realtors use - you may be able to find a friendly agent that will do searches for you.every area's MLS will be different but they all contain all the data on homes in your area that you could ever want. my local MLS is connected with Realist as well and allows me(well, my realtor) to search non-owner occupied properties with several search variables to pick and choose from.what specifically are you looking for?