21 February 2012 | 18 replies
I have seen 100% financing that works if the LTV and the deal is good enough.Example appraisal has value at 1 million and contract price is for 65% or 70% LTV (650,000 - 700,000).What I have seen promised and has been a scam is lenders loaning 100% of stabilized value or market value.I have not seen one of those close.They typically take fees as stated or I have seen them take LARGE DEPOSITS and then delay closing the deal and never close but use the money for 6 months to make interest and money for themselves.
20 February 2012 | 2 replies
I own several SFHs in the lower end of the scale (20k-after-rehab-ish) and while those rent for 550$ on average, some months I may see 20% of that in net income, and most of the time like Jon side, when I get hit with something "unexpected" it may take a big chunk of the gross since while the house is cheap, maintenance costs are high in comparison.
20 February 2012 | 8 replies
Large security deposits required by utilities for commercial accounts
20 February 2012 | 5 replies
If they see a large increase they may be priced out of the market and prices may fall.
20 February 2012 | 1 reply
Here it said in large print.
13 March 2012 | 16 replies
I have a rather large apartment complex near Dallas and I'm in the process of trying to refinance it at the present time.
7 January 2013 | 10 replies
How do like that statement from a guy who's made a career focusing largely upon probate?
6 January 2013 | 7 replies
They have to standardize their criterion and a credit score is in large part how they do it.
7 January 2013 | 12 replies
There's definitely a large Colorado group here on the site . . .
6 January 2013 | 2 replies
But also make sure that this CF is table, which is a function of a lot of inputs, but in large part comes down to desirability.