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13 June 2024 | 7 replies
Any resources to learn about the above in detail?
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13 June 2024 | 4 replies
Hi,I did a private lending, term was 1 year. there was a clause that borrowed can extend loan (if lender is ready) for 2 times, each time for 3 months. but borrower has to pay 1 point for each extension(3months). so extension can be done total 6 months.Now, after 1 year, borrower keep paying interest .3 years went like that.Now Borrower wants to pay off. in such case what should be Loan extension point added.Thanks
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17 June 2024 | 7 replies
I also will want payments to start at 6 months as my loans are typically that term.
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14 June 2024 | 1 reply
Current lease term (expiration date, month-to-month)7.
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14 June 2024 | 7 replies
I'd be happy to discuss further if you'd like to DM details of your scenario.
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16 June 2024 | 16 replies
You'll get better loan terms and lower interest if you owner occupy.
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15 June 2024 | 6 replies
Hi Charwak, Can you share any details on the transaction?
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18 June 2024 | 14 replies
It makes it more risky with vacancies/turnover and if an investor needs/wants to exit quickly.2) Our price points are very low entry so many can easily purchase with all cash.We also choose to not deal with the logistics of when it comes to selling a property via finance.I have always believed that "less is more" and could easily triple our sales volume if we wanted to sell via financing.So at the end of the day it's a decision which in our eyes protects investors long term interests and a business decision to minimize financing hassles on the back end.Much success
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14 June 2024 | 10 replies
Hi all, I have a tenant that signed a 18 months lease and kept delaying on their rent payment in the first 6 months. We have a clause in the original contract saying that if they cannot get caught up on payment by the...
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16 June 2024 | 12 replies
They both helped.In terms of what I would do starting out in business if I were to do it again, I would recommend working for a larger team to learn their sales process and have practice in the field.