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All Forum Posts by: Kyle Keller

Kyle Keller has started 31 posts and replied 246 times.

Post: High interest rate

Kyle KellerPosted
  • Realtor
  • Honolulu, HI
  • Posts 255
  • Votes 118

Thank you everyone! There is a PPP until 2027... I'll need to do some maths to see what makes sense. All of your responses help

Post: High interest rate

Kyle KellerPosted
  • Realtor
  • Honolulu, HI
  • Posts 255
  • Votes 118

I bought a house at the peak in December of 2022. I used a DSCR loan to get it done. 9.375% interest rate. I'm coming up on 2 years of income produced by the property, any suggestions on how to get a lower interest rate without using personal income?

Post: Money Partner Operating Agreement Help in PA

Kyle KellerPosted
  • Realtor
  • Honolulu, HI
  • Posts 255
  • Votes 118

@Chris Seveney
Can you explain more about how this would work?

Post: Money Partner Operating Agreement Help in PA

Kyle KellerPosted
  • Realtor
  • Honolulu, HI
  • Posts 255
  • Votes 118
Quote from @Chris Seveney:

@Kyle Keller

If it’s one partner why not do it as a loan with a joint venture agreement? This is what we do and it makes it easier than having to own a business with someone


 Can you explain more about how this would work?

Post: Money Partner Operating Agreement Help in PA

Kyle KellerPosted
  • Realtor
  • Honolulu, HI
  • Posts 255
  • Votes 118

Hello,

I am looking for help with forming an operating agreement with a money partner. Can anyone help me understand what I should be looking for here, what kind of clauses there should be that are different from a standard operating agreement? The property is in Pennsylvania.

Post: Looking for 1031 Exchange Help

Kyle KellerPosted
  • Realtor
  • Honolulu, HI
  • Posts 255
  • Votes 118

I'm looking to do a 1031 exchange on a sale coming up soon, and I'm looking for an intermediary and realized I'm not really sure what I should be looking for. Can someone help explain what kinds of things I should be checking to make sure the intermediary is good and I'm not overpaying?

Post: How does a quitclaim deed after a sheriffs sale work?

Kyle KellerPosted
  • Realtor
  • Honolulu, HI
  • Posts 255
  • Votes 118
Quote from @Wayne Brooks:

@Kyle Keller Yeah, somebody is spouting delusions....

-a QCD has no effect on liens whatsoever.

-a foreclosure action by a first mtg in itself extinguishes any junior liens, no qcd necessary, even If it did do anything.


 More information said the idea was to extinguish the junior lien position. A lot of people have called fraud, seems like not a good path to go down. 

Post: Does anyone partake in the 12 week year?

Kyle KellerPosted
  • Realtor
  • Honolulu, HI
  • Posts 255
  • Votes 118

@Stephen Keighery It's a different way of planning. Instead of planning out for a 12-month year and evaluating every quarter how you're doing and setting goals for the entire year, you condense the year down to 12 weeks and set goals for the 12 weeks, and reevaluate every week how you're doing. The big thing with it is a weekly accountability meeting - a WAM. My WAM is excellent; I would like to meet with more investing-focused people.

Post: How does a quitclaim deed after a sheriffs sale work?

Kyle KellerPosted
  • Realtor
  • Honolulu, HI
  • Posts 255
  • Votes 118
Quote from @Account Closed:

Hahhahhahahahahah.

So in other words you haven't heard of this either and unsure how to proceed? That's about where I'm at, just looking for constructive thoughts.

Post: Does anyone partake in the 12 week year?

Kyle KellerPosted
  • Realtor
  • Honolulu, HI
  • Posts 255
  • Votes 118

I have been doing the 12 week year for a couple (12 week) years now and am looking for fellow investors who do this. Does anyone else partake in the 12 week year?