19 May 2021 | 10 replies
What I want is since we're basically doing her a favor and holding for a long period is as follows:Move in Date: June 25th (prorated month total $340) Security Deposit: $1700 Month of July paid in full upfront: $1700Total up front: $3,740 by June 1st along with signed lease agreement & addendum if we're going to hold for her.
25 May 2021 | 13 replies
Landlord locks told me I have to send in the lock everytime I need it rekeyed when a tenant leaves which doesn't sound efficient.
19 May 2021 | 1 reply
I negotiated an interest only period of 6 months and got the seller to add on some of the infrastructure costs into the mortgage.
19 May 2021 | 0 replies
For those who are unfamiliar, Fund & Grow applies and negotiates business credit lines for you over a 12 month period.
19 May 2021 | 1 reply
continuity of activity related to sales over a period of time; vi.
24 May 2021 | 11 replies
I definitely learned that lending takes longer to close and more issues arise on the commercial side, so I would start out with a longer due diligence period instead of being forced to ask for extensions.
21 May 2021 | 3 replies
@Ryan Pearson You could put everyone on each mortgage, but when you hit your threshold of maximum residential loans allowed (typically at 10), then you'll need to find an alternative for more properties.If you have a solid partnership agreement in place and want to be the most efficient, then you could place one person's name on each loan which will allow you, theoretically, up to 40 loans before hitting the limit.Another alternative is to create a partnership LLC and place them all in there.
20 May 2021 | 7 replies
Pick any 4 year period over the last 75 years with the exception ofthe 2007 subprime crisis and the housing on average increased.
22 May 2021 | 1 reply
I'm hoping someone here can help me with the most efficient way to do that in New Jersey.
21 May 2021 | 4 replies
This was our first self storage facility, so there was a learning curve on how to deal with tenants and how to operate the business efficiently and effectively.