2 June 2018 | 9 replies
He said he believed it would be reimbursing myself for capital contributions and therefore the withdraw from the LLC account would not actually be income.
16 May 2018 | 2 replies
Rising mortgage interests rates will make it even worse.Mark Sprague, state director of information capital for Independence Title, said that, "The desire to live in the city of Austin continues to drive home sales.
17 May 2018 | 5 replies
This is a sale-lease-back meaning that the current owner is selling the property and agreeing to lease it back to me at a 7.75% capitalization rate.
27 May 2018 | 14 replies
If the original ground rent lease is silent as to the redemption price then the following applies:July 2, 1982 – Present – 12%April 6, 1888 – July 1, 1982 – 6%April 8, 1884 – April 5, 1988 – 4%Prior to April 9, 1884 – Negotiable and possibly non-redeemable.To compute the redemption price, take the annual ground rent and divide by the capitalization rate.
16 May 2018 | 0 replies
They told me because of my DTI and because I took a loss on the business end.
17 May 2018 | 8 replies
Also, make sure you're including relevant vacancy, maintenance and capital expense reserves in your cashflow analysis; not just debt service.
17 May 2018 | 1 reply
We will be raising capital, offering 8-12% returns to investors, but we first need a track record, so we chose to find deals and finance them via Seller Financing, combined with Hard MoneyProblem is, no one wants to be in 2nd position for a mortgage, and all lenders ask for cash of our own up front (several hundred thousands, which we of course, do not have)Any suggestions?
22 May 2018 | 7 replies
(vii) Any deductible portion of an insured loss concerning the Building or the Common Areas.
26 May 2018 | 6 replies
Depending on how much capital you are willing to bring to the table, but if you're willing to bring a large chunk of the required equity, some Sponsors would be willing to negotiate terms for a GP spot and a bigger opportunity to learn from and lean on their expertise.
17 May 2018 | 3 replies
Although small in the scheme of things, these investors have plenty of capital and a network more, so I need to deliver.