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3 May 2018 | 2 replies
My opinion is that we should get as much as possible so that we can pursue a wider range of possibilities, and so that we don’t come up short on any potential deals that we may want to pursue.The difference in the in interest rate between the 80% option and 90% option is a quarter of a percent, which does not appear to be a pro-forma breaker, especially since we are using the HELOC as a bridge loan until we can complete the rehab and seasoning before refinancing into a conventional 30 year loan.Other than the difference in percentage on the HELOC, can anyone think of reasons why a disciplined investor would not want to have a larger line of credit at their disposal?
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6 May 2018 | 55 replies
I have a 12 unit building in a small town filled with great tenants who are older and never entered the 21 st century, They deposit rent checks in a lock box in the laundry room and once a month my wife empties the box and drains a huge pile of quarters out of the coin laundry machines.
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27 September 2019 | 8 replies
On another note there is a meetup once a quarter in Lodi that I try to make.
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30 May 2018 | 44 replies
As an owner of the 4-plex, you have the right to present the idea during the monthly or quarterly homeowner board of directors meeting.
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15 April 2018 | 11 replies
They are nailed to the front edge of the cabinet with finish nails. 2) For particleboard cabinets, a piece of relatively thick particleboard (1/2"+) goes on first, and then a veneer of real wood (1/8" or less) gets glued on top of that, for a better appearance.With either kind of cabinet, depending on what the flooring is, there is sometimes a quarter-round molding in the corner between the toe kick and the floor, installed with finish nails.If you have time to stop by a Habitat ReStore, they sometimes have complete sets of older cabinets that were pulled out of remodels.
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11 May 2018 | 23 replies
Looking at putting a quarter down you could easily get three, maybe 4 in this area.
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9 April 2018 | 0 replies
They compiled income and expenses data from Multifamily owners every quarter to create a resource for underwriting potential Multifamily transactions and to keep owners in tune with the current market.
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6 June 2018 | 1 reply
., they are very interested in my project and estimate a take down schedule of 7-8 homes a quarter.
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15 April 2018 | 4 replies
It turns out many cu. ft. of water was wasted when the pipe burst and the bill is over $3500 just for one quarter.
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16 April 2018 | 1 reply
Or allow them to withdraw funds (monthly or quarterly) and immediately recalculate % ownership?