16 July 2019 | 2 replies
I extended an LOI to a seller (via my agent and his agent) of a 6-unit MFR, and my LOI was rejected because I did not offer to pay the asking price (I offered about 6% under asking).The asking price is too high given "conventional" deal terms and my underwriting criteria (which aren't crazy) - what sort of creative terms could I consider offering as I underwrite again at the full asking price and draft a new LOI?
20 July 2019 | 4 replies
The buyer had to pay so much in extending her rental lease.
4 July 2020 | 3 replies
I can "make" any deal generate positive cash flow by extending term of mortgage and increasing down payment.
9 July 2020 | 6 replies
Distributions will reduce your tax basis to the extent thereof,Suspended losses carryforward,Any suspended losses remaining at sale are released.
3 July 2020 | 3 replies
They first need to pull credit because the rates are based off your credit score, the number of financed properties that you have, the location of the property, your debt-to-income ratio, the occupancy of the property, and what their investors release on a daily basis based on market fluctuations.
18 July 2020 | 4 replies
@Micah Flamm7/31 but will most likely be extended.
7 July 2020 | 8 replies
High rates extended for too long of duration will kill your deal.
13 July 2020 | 5 replies
In PA, there’s no requirement to extend a lease.
6 July 2020 | 1 reply
As for learning it is an A/B process: A- get into the Real Estate industry as a FT profession, be it as a realtor, a PM, assistant whatever just GET IN andB- Consume every learning and growing opportunity available for an extended period of time, become knowledgeable.
6 July 2020 | 1 reply
In these indoor facilities, you have people, volume, limited airflow, and extended time in an enclosed space.