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4 March 2024 | 11 replies
I have a friend who lives in California but is licensed in many states including Puerto Rico to do mortgages with Sunwest.
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2 March 2024 | 5 replies
But I intend to give the past tenant a break by finding a replacement tenant very soon.
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4 March 2024 | 6 replies
Sometimes that could also include providing a "certified pad" that the future building will be built on.
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4 March 2024 | 34 replies
These records include the names, addresses, contributions, and shares of profits and losses of each member, the names and addresses of managers, and certain tax returns.
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3 March 2024 | 7 replies
Also includes a few VA hours in the price to jump start your progress... that way it's not just a second job.
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3 March 2024 | 7 replies
Personal Property: $30,000 Personal Liability: $300,000 Replacement Cost: Included Medical Payments: $1000 Loss of Use: $6,000 Property Damage to Others: $500 Mold Property Damage: $10000 Mold Liability: $50000 Tenant Pet Damage: $500 Additional Interest: Myself (the landlord)2) With above coverage added to renter insurance, do I make it mandatory for the tenant to have a separate pet liability insurance?
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3 March 2024 | 3 replies
I've heard horror stories from many friends who have purchased new homes and timing takes 2x longer than expected and things kept breaking.
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4 March 2024 | 11 replies
The monthly carrying cost is $260 less for TH(HOA included in calculation).3.
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4 March 2024 | 30 replies
Most applicants never responded or responded that rent was too much...that they were looking at $500 - $800 a month everything included.
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3 March 2024 | 1 reply
In this example, I didn’t include any CapEx costs and the loan is 75% of the value.LTCWith a LTC structure, the lender is willing to lend funds as a percentage of the underlying asset’s purchase price plus renovation/repair costs (project cost).LTC financing is generally viewed as favorable for the borrower albeit, riskier, due to higher leverage, less debt service coverage, and renovation risk in the form of underbudgeting.LTC = Loan Amount / Project CostsMost often, lenders are willing to offer LTC terms structured as a bridge loans.