Random MsState Fan
| Favorite team: | Mississippi St.  |
| Location: | |
| Biography: | |
| Interests: | |
| Occupation: | |
| Number of Posts: | 1657 |
| Registered on: | 6/4/2018 |
| Online Status: | Not Online |
Recent Posts
Message
re: Can someone help me understand how construction loans work?
Posted by Random MsState Fan on 4/4/24 at 8:13 am
Some great info in here and I really appreciate it. To circle back to my original post- Am I correct in assuming I won't have to put anything down to obtain the construction loan but would have to pay out of pocket for any work after the 153k (example number) is used up?...
2
re: Can someone help me understand how construction loans work?
Posted by Random MsState Fan on 4/4/24 at 8:06 am
My cousin is building through the same bank currently and they worked it out to pay the interest due when construction is done rather than monthly. Supposedly the amount is the same...
re: Can someone help me understand how construction loans work?
Posted by Random MsState Fan on 4/4/24 at 6:13 am
Yeah I have about $25k cash just wasn't sure if I'd have to tie that up to close on the construction loan. Thanks...
re: Can someone help me understand how construction loans work?
Posted by Random MsState Fan on 4/3/24 at 8:37 pm
Good info thanks. If the land value is less than 15% of total appraisal does that change anything?
Say for instance the land is worth 10k and construction cost is 170k ...
Can someone help me understand how construction loans work?
Posted by Random MsState Fan on 4/3/24 at 7:29 pm
This will probably make me sound like an idiot but I am new to the game and trying to figure it all out.
I've asked my LO but was not satisfied or didn't completely understand her answer so rather than asking more dumb questions to her, thought I would throw some "dumb" questions on here. :lol:
...
re: Going back to school?
Posted by Random MsState Fan on 12/11/23 at 3:30 pm
To update the OP:
I have registered for classes starting in the spring. Pursuing BBA, expecting to graduate in the Fall of 2025.
Looking forward to it, now to get out of this hellhole of a job. ...
re: Going back to school?
Posted by Random MsState Fan on 11/27/23 at 6:06 pm
[quote]You can parlay a finance or accounting degree into a nice law degree. Keep gpa up - also, if you like accounting, go into forensic accounting or specialize in audit / review work.[/quote]
Now that sounds interesting. ...
re: Going back to school?
Posted by Random MsState Fan on 11/25/23 at 6:12 pm
I think I would like to be in a consultant type role. Maybe M&A?...
re: Going back to school?
Posted by Random MsState Fan on 11/25/23 at 4:03 pm
Yeah I will def keep my job while doing school. I worked while going thru community college so I should be able to manage it. ...
re: Going back to school?
Posted by Random MsState Fan on 11/25/23 at 4:02 pm
They will pay for a certain amt based on grades but have to stay with company for a certain amount of time after completion and not sure I'm gonna stay there after finishing education. I'm already wanting to find another job because the job I am doing actually has nothing to do with banking oddly en...
Going back to school?
Posted by Random MsState Fan on 11/25/23 at 2:19 pm
This is going to be a long post, so I apologize in advance.
First, a little background-
I am 22 and currently live at home. I have a job that I have been at since I got out of high school and I am currently making around $60k/yr (work in bank operations). However, the job I am in is not someth...
re: Options Trading Thread
Posted by Random MsState Fan on 8/23/23 at 11:55 am
Can you be assigned on naked calls even if you don't have margin enabled?
If you open a position as sell to close, are you at risk here?...
re: Liquor store- good investment?
Posted by Random MsState Fan on 7/6/23 at 9:27 pm
That is what threw me off! They only have 4 employees.
I don't know where in the world the revenue is going?...
Liquor store- good investment?
Posted by Random MsState Fan on 7/6/23 at 8:40 pm
Hey guys.
There is a local wine and liquor store is up for sale in my area.
Would you consider this a good investment? The building is leased for $2000/mo.
Here are the details-
Asking Price: $285,000
Gross Revenue: $900,000
EBITDA: $50,000
FF&E: $40,000
Inventory: $150,000...
re: tOfficial 2021 College World Series Game Thread
Posted by Random MsState Fan on 6/28/21 at 8:48 pm
Flashbacks?...
re: tOfficial 2021 College World Series Game Thread
Posted by Random MsState Fan on 6/22/21 at 8:56 pm
He is...
re: Pres. Biden says the "rule" is "get vaccinated or wear a mask until you do"
Posted by Random MsState Fan on 5/13/21 at 8:46 pm
That's odd- I have not had the vaccine and I don't wear a mask.
What you gonna do Joe??...
Meanwhile in Memphis...
Posted by Random MsState Fan on 5/12/21 at 3:06 pm
[img]https://o.remove.bg/uploads/252d77d1-3b61-4cb9-9138-00910f9b9e2c/A5D2266C-8E88-4606-850D-942AFDA3BEC1.jpeg[/img]
:rotflmao:...
re: How are property taxes determined?
Posted by Random MsState Fan on 5/12/21 at 9:29 am
If you feel your mortgage company is estimating too much for property taxes, contact your tax office and get a new tax estimate and send it to your mortgage company and ask for a reanalysis reflecting the updated tax estimate.
Also, have you filed homestead?...
Safemoon Crypto - SIAP
Posted by Random MsState Fan on 5/9/21 at 8:48 pm
Someone told me about Safemoon crypto tonight and said it is the next big thing...
Are any of you in on this yet?...
Popular
32
