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17 August 2020 | 2 replies
Make sure you know what LTVs they support and what you can expect to garner, what kind of closing costs and fees they have, how their draw schedules work and if you pay full boat or as dispersed, ask what their extension terms and fees are and if they have any prepayment penalties (most don't but always good to make sure).
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30 September 2020 | 12 replies
I think it’s going to be a draw.
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20 August 2020 | 0 replies
But I haven't found any real historical evidence that any of the previous elections that actually directly resulted economic tsunami, perhaps with the only exception of Andrew Jackson who hated the central bank and national debt, and as a consequence, his policy caused a major land speculation bubble and subsequent bust and recession (one of the longest).
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24 August 2020 | 4 replies
I subsequently called the lender to speak with them.
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23 August 2020 | 5 replies
From researching online and in these forums it seems to be best to hire a structural engineer to help provide material list and a drawing.
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12 September 2020 | 3 replies
Another draw back is (currently) the banks will not use any of my STR income when considering my D/I ratio for future lending.
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29 August 2020 | 3 replies
I think we came up with one solution is to have an attorney draw up something between yourself and the legal entity which basically informally assumes the loan.
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1 September 2020 | 4 replies
The hold the repair money in a draw account, and will not release it until paperwork is completed and an inspector has been send out to approve the work.
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28 August 2020 | 9 replies
If the property has pests when the tenant moves out, the treatment expense is deducted from their security deposit.Granted, if this is a multi-unit it is difficult to pinpoint which unit is the cause of drawing in the pests.