James Blair
Private Lending - Delayed Interest Options
17 June 2024 | 7 replies
At that time, the builder will pay the accumulated interest along with the principal.We have discussed a few different options to structure this arrangement, assuming an interest rate for interest-only loans with monthly payments is 10%:Option 1: delayed interest with a rate of 12% (interest rate is 2% higher)Option 2: charge a lower interest of 8% then profit share (need to determine appropriate % split)Any other thoughts on how to structure this arrangement?
Jason Strauss
General Advice on renting my property
14 June 2024 | 17 replies
When will they pay you and provide reports?
Susan McBride
Can I deduct closing costs I am paying on behalf of the buyer
13 June 2024 | 3 replies
I am trying to find out if I can include closing costs I am paying on behalf of the buyer in my capital gains calculation.
Abby S.
Chicago basement ceiling height: 7'6" or 7'?
15 June 2024 | 8 replies
@Jonathan Klemm, I did have one client who got hit with a Vacate Notice on the existing finished basement of their 1st floor Duplex-Down unit because it was less than 7'.
Lloyd Preece
Scranton property management
15 June 2024 | 4 replies
We offer exception PM services in the Scranton area -- feel free to check out our Google Reviews @Revolve Real Estate as well as our social and website revolvepa.com/managementWe go above and beyond for our clients in everything from tenant placement to maintenance to renovations.
Daniel Grimsley
Failure to pay?!?!?!?!
13 June 2024 | 9 replies
You might be through the pay-or-quit and filing periods by the time the lease ends.
Hieu Le
Need clarification on cc&r
17 June 2024 | 8 replies
Then pay a lawyer to tell them they have to change the wording.
Tyson Scheutze
Hey. Look Over Here!
14 June 2024 | 2 replies
Volume property discounts were rare for us to offer, even with clients with hundreds of properties.
Mike Griffin
Lender Fee - How Much?
17 June 2024 | 15 replies
Discount points should be separate. 7 1/2 paying one point with less than $2,000 in fees in pretty much spot on, assuming high fico and 75% LTV.
Aubrey Ford
Community well purchase?
16 June 2024 | 4 replies
I pay the $1500 in repairs to the community well so my tenants have water.