I just got these yesterday and I was planning on wearing them for the Thunderdome. The lasting across the instep seems weird/loose to me. I have a high instep and usually fill out this area without question. When I put these on, there is almost a bubble on top of my instep, which I have never had in Wescos before. Bought new from Baker's.
I am under contract on a six-unit building that is only partially rented. It is in need of some work, but it is in a fantastic area (college students, young professionals, etc.). I have the cash to buy and renovate, but I would prefer not to drain all of my cash as I would like to continue to work on other deals. Most lenders don't want to do the loan at this point because it is not fully rented and/or the building needs work. This is the term sheet I received from one lender today...which does not seem good to me. But, I am new to commercial mortgages so I wanted to get other opinions.
Term Sheet:
With respect to the above mentioned loan request, we are pleased to inform you that we have accepted your application and have conditionally approved your loan subject to the following terms:
Loan Request: A new first lien in the amount of $488,700
Property Type: 5+ Multi-Family Units
Term : 360 Month Term & Amortization
Fixed Rate Period: 30 years
Interest Rate: 9.740%
P&l: $4,195.10
Prepayment Penalty: Prepay Penalty = 5 Years: 5%, 4%, 3%, 2%, 1%
Rate Buydown: None
Prepay Buydown: None
Lender Fee: Per borrower agreement with
Appraisal Cost: Lender Origination Fee: 2.05% ($10,018) + Lender Processing Fee: $1,690
Loan Costs: $2,900 appraisal fee
Deal Summary: $2,995 Underwriting Fee + Environmental Diligence fee - $1,367.40 paid at closing
Please note we escrow for taxes and insurance.
My new Orient Bambino pink dial on a black leather band at dinner tonight. Bonus, my wife wearing a rose gold Scurfa in the background.
I just added a cheap Amazon strap (Getalia) with a “Delugs” clasp from Ali…perfection (IMHO). I hated the bracelet, so much better now.
Hello. I just purchased a KFA and I am questioning if it is too small (7.5”ish wrist). I’m used to wearing bigger watches, so I think that is skewing my perspective. I purchased it online from Trifecta, so I did not get to try it on in advance. Any input would be appreciated.