9 August 2024 | 7 replies
Any fees they're charging you need to stop until there's a new tenant and if you have an account with the management company, ask for a credit.After remediation is underway and insurance claims have started, you can see about an attorney and do a cost/benefit on whether it's worth it to go after the contractor.

9 August 2024 | 7 replies
Reason is the lower loan amounts violate the "hard costs rule" which just means the banks/lenders cannot make its normal margins.

8 August 2024 | 11 replies
The other half is: excellent finished product design and management at a reasonable cost.

10 August 2024 | 14 replies
A lot of times the lowest rate lenders actually have higher fees and closing costs, offsetting their low rate anyway.

8 August 2024 | 14 replies
Frankly, I wouldn't feel comfortable owning a condo long term due to rising HOA costs and major assessments.

8 August 2024 | 12 replies
Meaning you will only be able to get 75% LTV cash out and on a $225K value (if appraisal comes in at $225K) your looking at a loan of $168,750.00.You have to factor in closing costs and your loan payoff which might put you around $138K to $140K which leaves you with $27K +/- in cash at closing.

6 August 2024 | 6 replies
By keeping borrowers informed at every stage, this method helps avoid misconceptions.

8 August 2024 | 4 replies
Since it is just one WY LLC, it won't cost too much more.

8 August 2024 | 5 replies
This is a costly addition to your team.

9 August 2024 | 17 replies
In my experience, the inventory available in Lehigh is nicer and at a lower cost.