Nicholas Glatter
When would you back out of a deal?
5 February 2020 | 11 replies
Unless of course, the sellers are willing to fix it or reduce the price enough for me to fix it.
Tim Allen
Stale Cam Charges on Commercial Building
7 May 2017 | 6 replies
If that is the case you might have to offer a price for the property that reduces base rent so that tenants can pay cam.Seller will not like all of this but it sounds like their fault for kicking the can down the road and not collecting for 4 years .No legal advice given.
Bobby Nilsen
VA Loan for Multi Family
8 March 2017 | 8 replies
The VAFF is typically financed in your loan amount at close but there are strategies to remove the VAFF completely upon close if you want to reduce the financial impact of the higher cost of closing that the VAFF causes.Best,
Matt M.
Denver Condo Buy - $40k Under Market
19 August 2017 | 15 replies
It also reduces my exposure and time investment into each deal.
Nelson Leal
1st out of state/BRRRR purchase
16 January 2021 | 35 replies
This ARV would mean I will come out less money than expected for this project.Now with a 175K ARV the HML was pretty much going to cover everything but they reduced the % on the loan to make sure I had some skin in the game especially being my first deal with them, I was fine with that.
Elijah White
Do you post your listings on Facebook?
7 January 2023 | 11 replies
This will dramatically reduce the number of inquiries.I would take the ad down for a day or two, beef it up, and then try again.
William C.
Cost Seg On 2 Properties With Past P.I.S. Dates
6 January 2023 | 4 replies
Placed In Service Date = 5/2018.With bonus depreciation reducing starting in 2023, we would like to take advantage of 100% bonus depreciation in the 2022 tax year by running cost seg studies on 2 of our long-term rental properties.
Sib Bahjat
Insurance on SFR
12 November 2012 | 4 replies
I kept thinking about real estate and how I can reduce liabilities associated with investment properties.
Andrew Nesbitt
Hard Money question (I dont want to get ripped off)
7 May 2013 | 18 replies
For seasoned, grizzled investors who plan to keep their money safe, that translates to yield means nothing if the principal is in jeopardy.By reducing my max LTV to 50% (including costs) I've eliminated most all investors who are unable or unwilling to offer property that attracts my money.
Joel DeLuca
401k loan for Down payment and contingency fund.
3 January 2013 | 7 replies
If the borrower intends to use the same asset to satisfy financial reserve requirements, the lender must reduce the value of theasset (the account balance, in most cases) by the proceeds from the secured loan and any related fees to determine whether the borrower has sufficient reserves.""