Robert Brock
Wholesaling Commercial Real Estate
3 February 2025 | 5 replies
Thanks- Robert very challenging to wholesale commercial properties as there are a lot less than residential and most are more complex and sellers typically go through brokers and the buyers are more institutional as well.
Mary Holland
Hey everyone! Has anyone here gone through the application process for DSCR loans?
1 February 2025 | 8 replies
On the flip side, traditional financing typically offers better rates and longer terms but can take longer to close, and you’ll likely need stronger financials.If you’re trying to balance speed with cost-efficiency, it’s worth considering your project’s needs and how quickly you need to get funding.
Daniel Baker
Questions to ask.
1 February 2025 | 9 replies
Here are some questions that I would typically ask a CPA:Are you experienced in working with my industry?
Account Closed
PM needs ss#
22 January 2025 | 14 replies
- Of course, most of these PMCs weren't even properly licensed and were typically one-person companies.If you have an LLC, the PMC will only need the LLCs EIN.- If you chose to set up your LLC as a pass-thru entity, then you will need to supply your SSN.FYI - to avoid getting nasty letters from the IRS about errors (which might cause us to be audited), we will ask for a copy of your EIN assignment letter or a copy of your SSN card to confirm those numbers.
Benjamin Carver
Raleigh-Durham 2025 Real Estate Market Outlook
24 January 2025 | 1 reply
Anything under 4 is typically considered a seller's market, while 4 to 6 months of supply is typically considered a balanced market.There are over 100 major cities on this list - I wanted to see how Raleigh and Durham stacked up (and North Carolina overall).
Jonathan Snider
LLPAs for Vacation Home Loans
28 January 2025 | 8 replies
There are alternative programs out there with reduced cost, but you are typically looking at 20% down.
Lau Cor
Putting the investment in an LLC
21 January 2025 | 4 replies
Conventional loans are typically in your personal name, while investment property loans, like DSCR loans, will need to be in your LLC's name.
Nick Rutkowski
Upped and Left
3 February 2025 | 2 replies
Typically someone who was communicative turns distant, unresponsive, blows you off when you're trying to talk to them in person, and the tall tale sign of boxes in the hallway.
Josh Power
Mid-Term Rental Issue - Insurance Relocation
2 February 2025 | 1 reply
Hi,I typically rent my 3-bedroom property through a short-term rental platform, but I was recently contacted by an insurance relocation company looking to place a family in temporary housing while work is done on their home.
Lacey A.
Rent to Myself
20 January 2025 | 5 replies
Once converted to a rental, repairs and improvements may qualify as deductible expenses, but pre-conversion repairs typically do not.