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27 February 2024 | 6 replies
If in your contract with the builder you made it conditional on inspections (including a radon inspection) and completed the inspection within the due diligence time period, I would think you should be able to back out of the contract without paying any additional costs.
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27 February 2024 | 3 replies
For mortgage debt, the following additional requirements must be met:the party making the payments is obligated on the mortgage debt,there are no delinquencies in the most recent 12 months, andthe borrower is not using rental income from the applicable property to qualify.
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24 February 2024 | 10 replies
Hello All, Any strategies on how to approach making additional payments towards rental property mortgage?
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27 February 2024 | 9 replies
These are professionals with additional training and a stricter code of ethics.
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26 February 2024 | 11 replies
Due to the amount of liquidity you have, it's hard to recommend the SBL loan (or any additional leverage) without knowing your full financial picture since it does seem very risky.Now if you truly do have a home run deal in the works and it would cash flow and work with DSCR rates and terms (which I believe are only a couple points above most margin rates or conventional loan rates now), I would say that might be an option to consider.
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25 February 2024 | 25 replies
So I'll initially start with the minimum loan size with some cash reserves taking up the additional space between there and purchase price.
27 February 2024 | 11 replies
For a TX real estate pro, Michael is an obvious choice of tax pro.Prior to pulling the trigger on a Cost Seg study, you should evaluate 2 things:1 - How much net additional deprecation tax deductions a Cost Seg study would provide: Best way to get this is by requesting a free feasibility analysis from a Cost Seg provider.
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26 February 2024 | 7 replies
Should I have my attorney file eviction and spend more money or should I myself file for small claims I don't want to waste time and money if nothing can be garnished of his.
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26 February 2024 | 9 replies
Additionally, you do not look very good in court, when a tenant claims they do most of the maintenance beyond what I mentioned above; you may even find yourself owing the tenant for their time and labor.
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26 February 2024 | 5 replies
I am sick of spending money on a list just to have it all be wrong numbers or the wrong person.