Good morning! I HAVE BIG NEWS. Last week was kind of crazy (for me) – I signed a contract to purchase my first flip – sight unseen. So, as we do, let’s talk Real Estate, let’s talk PURCHASING A PROPERTY- SIGHT UNSEEN… GIVE ME SOME BACKGROUND Over the past 3 months I have been looking everywhere (around Philadelphia) for a […]
Good morning! Last week we talked commitment letters– this week let’s chat about THE COMMERCIAL LOAN BEHIND IT. As you all are probably aware of by now, we have been working to acquire properties out in the Greater Binghamton Area for quite some time. And while we STILL HAVE NOT CLOSED ON THEM (trust me SO many lessons learned to […]
Good morning! LET’S TALK REAL LIFE STUFF AGAIN TODAY. Last week we signed a commitment letter for a commercial loan that will cover the acquisition of three properties. Now, this is MY first commercial loan, actually honestly really any loan, I have ever applied for. So, after we signed the commitment letter I really had no idea what to expect. […]
Good morning! Today I want to share with you a recent experience I went through and how it taught me the importance of truly tracking “wealth”. A few weeks back we applied for a commercial loan, which required lots and lots of documentation, however one document in particular stood out to me… my personal financial statement. While this exercise felt […]