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16 May 2024 | 13 replies
I was able to get them for free in the end.
16 May 2024 | 4 replies
Having a 24 month term on the front end will also make my job easier doing the take-out loan when it's time to refinance into permanent debt, because there's room in there for a full year of tax returns to have been done in the middle (if your exit plan is to sell, it'll also make it easier on your buyer who will presumably be willing to pay a higher price if they can get an A-paper good mortgage).Ask for a 24 month term, tell your contractor you want it done in a year (and make it financially worth their while if they can pull it off), internally/mentally plan on 18 months, and I'm putting you on notice now to do your tax returns on time, rather than extending them (don't fight me on this, please just do it).Trying to get a renovation mortgage like this for only 1 point is likely a waste of your time, but if you want to ask, after you've secured the above as a 'done deal,' go for it, can't hurt.
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17 May 2024 | 9 replies
I know investors who invested the minimum amount with us and much more with another group...They ended up losing money with the other group.
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14 May 2024 | 10 replies
Many on BP are relying on paper equity in C/D stagnant neighborhoods that will never be realized.
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16 May 2024 | 7 replies
Im hoping everything is settled by end of June, I believe that is when everyone moves around to be in their new homes by July1st.
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15 May 2024 | 20 replies
I've never once had a tenant ask for a radon test before.My question was, 'Can I legally get out of this?'
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15 May 2024 | 48 replies
Yea everyone has an opinion here about the neighborhoods but at the end of day you buy what you can afford and can handle the stress that comes with it.
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16 May 2024 | 2 replies
**Modern Amenities and construction standards:** New condos typically come with the latest features and amenities, appealing to high-end renters or buyers.