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8 January 2025 | 33 replies
Thats good to hear it is resolved and sorry about the credit.
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19 January 2025 | 14 replies
They could even hire you to do the work on the house and instead of paying you they could just give you a credit at closing.
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9 January 2025 | 4 replies
Very simply, large corporations pay into the tax base of that local community and that revenue is used to improve the community and make it a more attractive place for people to live.
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9 January 2025 | 0 replies
Property ClassProperties are categorized by class, impacting their quality, condition, and investment profile:Class A: High-end, newly built, prime locations, attractive to institutional investors.Class B: Good quality, older than Class A, with minor deferred maintenance.Class C: Older properties with dated amenities, but value-add opportunities exist.Class D: Distressed properties in less desirable locations with high risks but potential for significant improvement.4.
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17 January 2025 | 7 replies
All that said, we just met them in the middle and gave them the credit because we wanted it to be over.
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13 January 2025 | 8 replies
However, after renovations, the numbers improve significantly, and the challenge lies in bridging the gap between current and future performance.Expenses typically run at a 30-50% expense ratio for mobile home parks, depending on management and infrastructure conditions.
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17 January 2025 | 28 replies
There is a processing fee if you choose the credit card option, but a direct ACH has no additional charges.
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14 January 2025 | 6 replies
Rate will be highly dependent on loan size, credit score, LTV, location, and property type, as well as a few other factors.
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14 January 2025 | 3 replies
If I have several options, I would prefer a HELOC with no initial draw requirements (i.e. to establish a literal line of credit that I have no specific short term plans to use), i.e. not something like the better.com HELOC.
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18 January 2025 | 5 replies
I would definitely check Dunn and Bradstreet for any open lines of credit, liens, judgements and the like.