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19 December 2024 | 1 reply
It is estimated that in 2020 alone $48 Billion was invested in new projects in over 3800 different census tracts.
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16 December 2024 | 9 replies
But if there is a chance that the previous person could have done something and it just became dislodged and blocked it, no.
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13 December 2024 | 10 replies
I hope that makes sense as i'm trying to better understand how to go through this process the right way and increase my chances of approval.
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20 December 2024 | 10 replies
It is coming to market in our off season, should we wait closer to our peak season to release it so that we have the best chance for the most bookings in a short time frame?
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18 December 2024 | 2 replies
Duplex appraised 380 (super ****ing low ball) brings in an estimated 3,900 a month in rents. buyer agreed and SIGNED addendum to purchase at 397,500. day of closing they dont show, tell us they didnt know what they agreed to pay over appraised value and are trying to get us to accept 386k. my agent had me lock in our month to month long term tenant to a year lease for THEIR lender and now they pull this.. they have only 5k in escrow account.. my agent wont reduce his commission from 3%-2% to help bridge the gap. suggestions??
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10 December 2024 | 5 replies
Quote from @Hector Espinosa: Hi,I'm negotiating a seller financing deal which may be my first one and would like to ask for some advise about and what are advantages and disadvantages about seller financing deals.These are the seller financing terms:House Price: $330,000.00 USD (Sellers still owe ~$301,000 USD)Down Payment: 5% = $16,500 USDLoan Amount: $313, 500 (Monthly payments will be amortized as a 30 years loan)Interest Rate: 4.531%Balloon Loan Term: 5 YearsMonthly Payment (P&I): $1,594.24Closing Costs: ~$3300 Zip Code: 74105Observations: * HVAC requires an update but pending to inspection (replacing with a new one will cost ~$10,000 - $15,000 USD ) * Expected Rent Income: $2,000- $2,300 but this is has been really complicated to get a good estimate because is all over the place in the different sites I have checked
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18 December 2024 | 8 replies
There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.
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19 December 2024 | 25 replies
What i do know is i will convert $300k to roth at an estimated 23% fed this year.
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19 December 2024 | 13 replies
Well, without any kind of significant cash on their end there is going to be a much higher chance of default.
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17 December 2024 | 1 reply
Have 2-3 contractors look at the job and get written estimates on what it's going to take to finish the job, correct the mistakes, pass occupancy certification etc. use those estimates in your countersuit / mediation process. 4.