13 November 2025 | 3 replies
Quote from @R.
5 November 2025 | 20 replies
Yes, I see nothing in the CC&R's, bylaws or rules to prevent that.
5 November 2025 | 17 replies
Quote from @Emily R.: I want to organize my business books better to be able to quickly apply for loans, LOC, share with an accountant, file taxes, etc.
13 November 2025 | 12 replies
Quote from @Erik Estrada: Quote from @Jay Hinrichs: Quote from @Erik Estrada: Quote from @Camlie R Bella: WARNING, ALERT!
4 November 2025 | 19 replies
.• $60k purchase• $35k rehab• $95k total rehab loan payoff• 15% deposit = $14,250 "down payment"• $126k ARV (confirmed via refinance appraisal, borrower expected this to be higher)• 80% rate/term refinance ($100,800 loan) @ 6.75% [700-719 FICO]• Applied $4k of deposit to payoff for an updated payoff amount of $91k• Cover closing costs with 80% r/t refi + $2k back to borrower at closing (still considered a r/t refi if under $2k) + remaining $10,250 deposit reimbursed after payoff = $12,250 total back to borrower• $4k of his deposit + closing costs for rehab loan = his "cash" in the deal• $1,250 market rents• Total PITI = $765.62• DSCR = 1.6327 I do not see the hold costs.
4 November 2025 | 21 replies
The 4th R (refi) is vital for the 5th R (repeat) to happen.
27 October 2025 | 12 replies
In fact, we have an emergency option on our call-tree and over 90% of the time it is used, it is NOT an emergency.FYI - in the PMC industry emergencies are referred to as, "blood or flood" issues.
4 November 2025 | 9 replies
Quote from @Tom R.: I just put an offer on a fully rented duplex.