
20 March 2020 | 6 replies
I have looked into getting non-conforming use permits, conditional use permits, zoning use variance requests, etc. but this process could still be very lengthy and I'm afraid this will open a can of worms that will cause the county to further look into it and raise more issues.My main concern/worry is that when it comes time to refinance the property after the (minor) rehab has been done, lenders may not finance the property on a long-term loan due to a non-conforming use of the property.

20 March 2020 | 1 reply
Fortunately, when ski conditions are marginal, Killington tends to outperform other New England resorts due to it's massive snow-making operations.
18 March 2020 | 21 replies
Hard money is used because it is usually a much faster process & also can be used with properties that in the current condition won't qualify for traditional loans.65%-75% of ARV is the typical range but it varies lender to lender.Flippers will use hard money to acquire the property & fix it up to resell.Holders will use hard money to acquire quickly then switch to bank financing to keep it for a rental.There are so many different hard money lenders and guidelines.

16 March 2020 | 3 replies
Anytime you can add value and get a better return that’s the game.I try to find properties where roofing and siding are in decent condition.

16 March 2020 | 3 replies
Do a move-in inspection report on their room and have them sign it so there is no ambiguity as to the condition of the room when they moved in.

17 March 2020 | 13 replies
Nationalists/Facists in 30s) (I am not insinuating that these parties are similar as conditions were very different, simply reiterating that the gap between both parties is quite extreme. 5.

16 March 2020 | 6 replies
You need to put $10K into it to bring it up to "lendable" condition.

17 March 2020 | 9 replies
It might not hurt you personally but the for the elderly and people with various conditions, it is quite serious.

16 March 2020 | 3 replies
And if your business is S or C corp. it must be done through payroll.

23 March 2020 | 49 replies
As long as the pandemic is uncontained, deal flow will be constrained because sellers would rather wait for better conditions and buyers will be unable to quantify the impacts and won't know how to underwrite for the future.