section 8 is probably your main option, budQuote:
Originally Posted by juji
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section 8 is probably your main option, budQuote:
Originally Posted by juji
my family owns a lot of commercial real estate. insurance reqs are minimal.Quote:
Originally Posted by clay
if your bad credit is due to unpaid medical bills then you should be fine to get a home section 8 housing sucks i rented a section 8 apartment and all my neighbors were dried up alcholics and one of them would always bother me. he tried to get me to help him sort thru his photos ans then randomly wanted to charge his car thru my window. the maintence man randomly tried to enter my apartment when he thought i wasnt home
my dad fucked my mom but that doesnt mean i doQuote:
Originally Posted by Cams Purple Lambo
i will say im over simplifying this, you need all sorts of personal guarantees etc... if you're just starting out. no one will lend an llc with no track record moneyQuote:
Originally Posted by Cams Purple Lambo
I think you should listen BGD, he has point, hell, I would send him PM to request his advices... what are benefits to buy the terrain and I build my own house?
Land loans are different from mortgages for home purchases. For lenders, land loans are riskier because the loan's collateral, the property, isn't being used for housing because of that risk, down payments and interest rates are higher for land loans than for mortgage loans. Oh yes, bgd is right.
well im sure he has good advice and seems intelligent but my husband knows what hes doing. he got us a housr and got us out of debt
i would honestly think a mtg for land would be marginally lower than a mtg for a home just on the basis that improvements to land appreciate either slower or depreciate and land generally appreciates, but i don't know the answer to this.Quote:
Originally Posted by juji
like i think when the assessor values your home for taxes they do the land and the house at different rates idk
hey lets all go out in this overpriced market and get ourselves tied down with a 500k loan on a property thats going to be worth 390k when the bubble bursts again
hes also a little cum slutQuote:
Originally Posted by Cag.
wish we could afford a 500k home lol
:oQuote:
Originally Posted by clay
jon mustve seen whats going on here and told cag to stop letting on that he has just gobs of loose hundred dollar bills lying around his home unguarded at all times
i think it's still feasible to investment in commercial rn esp like stripmalls in hot real estate mkts bc you can get long term leases and gtfo out of there (sell the property) since the mkt is so hot.Quote:
Originally Posted by clay
i would not want to have huge loans on residential prop right now
store fronts are at an all time low in terms of filled space right now because of online sales............................................................................................... ......................Quote:
Originally Posted by Cams Purple Lambo
Didn't the maintenance man leave the paper as notice?Quote:
Originally Posted by Cag.
yeah say goodbye to the department stores. we literally amazon prime everything. amazon google and facebook are our gods now lol.
restaurants/food joints fill them but yeah.Quote:
Originally Posted by clay
i have family in s. florida and it seems like you can just build little stip malls whereever and youll get a lease from: panera bread, chiptole, coffee shop, maybe a walgreens or store like that, sushi place etc...
literally like five to ten 100 year old businesses closing shop every year because of amazon.......................
30% of small businesses storefronts are unrented and empty, as much as 60% in smaller cities......................................
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no lol. no paper no nothing. just saw the nob turning and froze with fear. i had the deadbolt in place so he couldnt of gotten in with a keyQuote:
Originally Posted by juji
currently sitting at 3-4 times the healthy rate.......................Quote:
According to the New York Times, it’s generally agreed that a five percent vacancy rate is a healthy level for a busy retail corridor. Larisa Ortiz, a commercial revitalization consultant says anything under 10 percent is acceptable. A number of recent studies have found retail corridors in prosperous Manhattan neighborhoods struggling with much higher rates, from 14 percent on Columbus in the Upper West Side to 20 percent on Broadway in SoHo.
rents are high as fuck there which probably contributes to that. long island city seems to be building new shit all the timeQuote:
Originally Posted by clay
this is just one article i found quickly. go look at any retail space in a town near you
you have to develop what people want. see http://www.dispatch.com/business/201...rs-new-to-ohio
retail is inferior to online shopping and if the market is killing it then obviously it was time for it to die
that's capitalism in action che guevara
What the hell is cag getting dumped or not
I'm waiting in the wing's
He acted like Telekinesis action that he wants to kill some trolls in Colorado, but what i would to prove my reason to you?Quote:
Originally Posted by Autistic Spectrum