James Landsford
Transferring Lower End Rentals to New LLC?
1 August 2024 | 1 reply
I have a few rentals on the lower end of the spectrum that to me, have more of a liability issue. Right now, they are under my main LLC with a lot of my more high end property. Would it be worth it to create a new LLC...
Carlos Quiros
Multifamily Real Estate Questions
1 August 2024 | 13 replies
It will be essential to have precise estimates for prospective rental income and insurance expenses when determining whether or not your investment is feasible.
Alan Asriants
NAR Settlement - HOT TAKES
9 August 2024 | 184 replies
Steve, that's precisely why they are in the wrong business model .
David Lamb
What Phase of the Real Estate Cycle are we In?
1 August 2024 | 5 replies
I think Southern California (my area) is precisely the "most affected" area of which you speak, hence the trepidation of engaging in current flips.
Nick Sarangoulis
Acquiring 4 unit
30 July 2024 | 16 replies
With so many variables and decisions involved, it’s tough to give a precise answer.One option, as @Melvin List suggested, is to use an FHA loan with a 3.5% down payment.
Ali Nichols
Has anyone tried out Roam (Assumable mortgage startup)
1 August 2024 | 22 replies
I'm curious to try them out for at least one owner occupied client transaction to see how they work at transferring the loan, forms they file, required contract wording, etc.
Jeff Stevenson
Question about LLCs for residential mortgages
2 August 2024 | 5 replies
There was a change recently, a few years ago now at least, where transfer to Title to a LLC of your own is okay.
Jorge Abreu
Thorough Due Diligence: Financial and Physical Property Assessments
31 July 2024 | 0 replies
On-site evaluations allow you to examine the property's condition, identify potential difficulties, and precisely estimate renovation costs.
Julie Muse
Lightning-Fast Profit: Hiawatha Way Success with Himanshu Patel!
31 July 2024 | 0 replies
The challenge was executing a same-day transaction with precision, but the deal underscored the value of having strong partnerships and a clear investment strategy.
Brandon Elliott-Pandey
LLC's or Trusts?
1 August 2024 | 7 replies
The transfer of title could trigger negative covenants in the loan (eg: Due on Sale Clause).