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24 April 2015 | 10 replies
Generally the Condo Managers are learnt o give out the info other than for the CQ due the fact how they answer may impact loan approvals for the condo.Initially, if you are buying the condo as an investor (not owner occupied) your loan process will be more stringent and your lender with get the CQ to get the Condo Budget, the HOA delinquency rate (no more than 15% late), Master Insurance, Fidelity Insurance, percent of units owned by investors, and percent of owners that own more that 1 unit.Determining the ARV in DC shouldn't be too hard because the sales are plentiful at all phases.Once you rehab or you are done with your holding period, you want your unit marketable to all buyers so you want to make sure your Condo is on the FHA & VA approved lists of Condos.
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14 April 2015 | 0 replies
The reason that the house was shown "open-house" style is, ostensibly, to minimize the impact to the existing tenants.
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30 September 2015 | 5 replies
Will my sale price be impacted by these hallways and rugs?
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1 October 2015 | 8 replies
It actually seems like an especially good strategy in the DC area since rents/mortgages are far higher than most of the country (and thus eliminating our housing costs would be an outsized impact on the budget compared to elsewhere).
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7 October 2015 | 108 replies
SJ, Bay area will be negatively impacted if nasdaq corrects significantly and China heads into recession.
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30 September 2015 | 3 replies
Something you might have to consider as it will have a big impact on your cash flow.
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8 October 2015 | 5 replies
Needless to say this has impacted many of our projects and the timelines for contractors have stretched considerably.
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2 October 2015 | 3 replies
If an option is used it can be structured as compensation that is taxable but does not have to impact the 1921.
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4 October 2015 | 2 replies
There are many vacant homes & boarded up homes in my area and I would like to be able to purchase some of these homes to flip them and use the profits to make a difference in the community by donating some of the proceeds to non profits who are having an impact in the community.
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15 December 2015 | 1 reply
How do you think Crowd funding has impacted the lending world?