Natalie Stokes
Mortgage under deceased ex spouse
9 September 2024 | 5 replies
Even though the property is under your Nevada LLC and you're the managing member, the lender will still need to be involved to ensure everything is cleared.Make sure the title transfer was properly recorded after your ex-spouse's passing, and work with your escrow officer to handle the mortgage at closing.
Brian J Allen
Fannie Mae 5% Down Multifamily Loan: A Double-Edged Sword
9 September 2024 | 22 replies
I would probably be still working as an AZ State Corrections Officer making $20hr and I wouldn't have my rental portfolio if it wasn't for my 0% down VA loan, FHA 3.5% and Fannie 5% down.
Jonathan Mueller
I bought Schitts Creek.....I bought a motel, now what?!?!
12 September 2024 | 58 replies
Not sure on the $400k, but I can put you in touch with my realtor and others in her office.
Joseph Nguyen
Lowering DTI via SFH
12 September 2024 | 9 replies
Also, thank you for clarifying more about seller financing and recommendation about having a loan officer find the DSCR vs. direct!
Brian Humphrey
Similiar situation as Ms. Rudd. New agent looking for an investor friendly brokerage.
7 September 2024 | 2 replies
They may not be in your office or even in your city and they may not jump up and down, saying look at me, look at what I've done.
Dani Rodriguez
Construction Worker Looking to Break into Fix and Flips – Any Tips?
9 September 2024 | 14 replies
But the best ways to get started are, in my opinion: 1) save up enough for a 10-20% down payment and then save a lot more on top of that for reserves, overages, and any unforeseen repairs. 2) have your financial house in order and have credit above 700 to get more favorable rate and terms from lenders. 3) speak to a loan officer that is experienced with fix and flips and get the necessary documents together for a pre approval (typically not much required, usually a valid ID, LLC docs if any, and two months of bank statements showing funds for down payment and reserves).
Joe S.
Finding a Property Manager for PadSplit in San Antonio
8 September 2024 | 6 replies
it has seven offices that can be used as bedrooms if a person wanted to make it a Boarding house, a pad split, or something of that nature.
Sousie El
Brokerage 499$fee on the new brokerage agreement
7 September 2024 | 8 replies
The brokerage uses this to pay for lots of stuff office supplies, CRM, insurance, marketing, etc..
Jane Dang
Roof Replacement on Rental Property
9 September 2024 | 19 replies
It would be a warehouse or an office building.Partial disposition example.
David P.
Buying a property with 2 unpermitted units
10 September 2024 | 19 replies
I would email the code enforcement officer prior to your offer.