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25 September 2024 | 5 replies
Not just in the setup, initially, but separate bank accounts and properly signing all documents as a member of the LLC, even if you post on your personal social media accounts about a property owned by the LLC, if someone sues you, they will try to use all of that to get to you personally.
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25 September 2024 | 2 replies
, my ID and documentation that shows that I am the owner of the property such as a closing statement.I called again this morning, Monday, only to be transferred to voicemail, so it looks like customer service for when your account is locked in non existent.
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25 September 2024 | 4 replies
Of course, with all things, the situation varies and no one on these forums has seen your underlying documents and the actual terms, and thus, you should consult with legal counsel specific to your situation.
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25 September 2024 | 4 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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25 September 2024 | 11 replies
This is also programmed into our PM software, so it happens automatically.Our lease also states what rent will be applied and in what order and also a security deposit.So, you may want to check these documents to see if this is covered with your PMC.While we always try to be fair with our clients, we also have to generate enough income to pay our bills.
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25 September 2024 | 96 replies
I know how to work my county's website and I was wondering what "document type" I should be looking for as far as probates?
24 September 2024 | 5 replies
All of which are well documented on the forums.
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25 September 2024 | 4 replies
The issues is time reviewing everything, we'll need all your documents and if we see a number wrong we can't go into the tax software to see what went wrong, it would be a lot of back and forth.
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24 September 2024 | 2 replies
Thanks @Chris Seveney this brought some clarity to the documents I’ve been receiving lately.
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25 September 2024 | 37 replies
Lender 2 requires 6 months reserves. they want the borrower to document any large deposits and they want mortgage statements on any investment properties listed on the 1003.The point is different lenders do different things and it's important to not generalize as a broker, but interview the borrower, find their pain points and marry them with a lender that will minimize those pain points for a successful close.