15 January 2017 | 15 replies
Keep in mind, if you did the rehab and you believe in your product and stand by it, then you should have no concern with holding for a duration longer than expected.- Buyer is new to the area, and they want the house, but they could have been relocated to the area and want to make sure the place is a fit for their family.- Seller wants top dollar, and the end game is to sell, but the only buyer(s) willing to pay that top dollar are renters- Buyer wants to save up some more $$, increase their credit score, or a whole slew of other reasons.In my area, SFR in Class A areas are in super high demand.
28 August 2015 | 35 replies
You can't tear down a PDR (Production Distribution Repair, fancy name for 'Industrial'.) building or EVEN CONVERT THE USE TO OFFICE OR RESIDENTIAL in most parts of the city.
26 May 2016 | 19 replies
There is still much controversy over the legality of that product in California.The city of Los Angeles, and many other cities in So Cal, have taken strong stances against tenants in buildings concerning their use, their occupancy permits, and their stringent review of the premises which may or may not impact the landlord depending on the city's findings.I'm in the CRE business and I won't have anything to due with this type of tenant.
10 September 2015 | 22 replies
If you have taken an FHA loan in good faith intending to use the property as your primary residence... and if you have satisfied any residency requirement for FHA purposes...and if you then change your mind and move out of the property and turn it into a productive investment and intend to use it as such and report it as such on your taxes...and then you later decide to sell that property - then....The FHA loan is paid off at the sale.
8 October 2015 | 18 replies
In addition to the location.So there are two essential parts: Location and Quality of the building and amenitiesQuality of the building and amenitiesWhen it comes to the Quality of the building and amenitieshere is how I would approach it.A Class, also referred to an institutional product (meaning that a REIT, a Pension Fund etc. would buy this property)If you have a new apartment complex (less than 4 years old), with high end finishes in the units (Bluetooth speakers in the showers anyone?)
23 September 2015 | 8 replies
Don't mistake this as a recommendation for buying any of his other products ;)Happy reading!
5 February 2016 | 2 replies
I'm the Marketing Specialist for Commercial Capital Lending Firm and we offer several different products including Stated Income Loans, Fix and Flip Loans for example.
2 October 2015 | 3 replies
We have several different products, such as stated income loans or even a proactive line of credit (the property doesn't need to be in place to qualify) that he could use to initially obtain the properties, then move them all into our blanket loan product.
20 September 2019 | 18 replies
The lunch meetings are the most productive for me.Have fun and maybe we'll see you around!
29 October 2016 | 67 replies
The guy selling the system has CASH from all the people buying his informational products............ : )