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19 October 2024 | 5 replies
My plan is to read about 10 books on the subject and engage with others in the real estate community over the next six months, all while working on building a strong credit score to secure my first loan.In the meantime, I’d love to hear your advice!
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17 October 2024 | 12 replies
The PM is still responsible for giving you any monies owed from rent and/or security deposits.
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17 October 2024 | 23 replies
DSCR Loans only available when property is fully finished and turnkey, however you might want to look into a lender that offers ground-up construction loans and DSCR.Also - be careful around the modular home / quick property types since these mortgage loans typically have to be secured by foundational real estate, so anything that can be moved or not fully foundational is probably a no-go (can't foreclose/protect the investment as a lender)
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18 October 2024 | 5 replies
We work transaction-based deals with a commercial portfolio loan secured against our assets.
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11 October 2024 | 2 replies
Hello, we had a tenant move out recently and are working to get the security deposit refunded within the 14-day window as stipulated by AZ state law.
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17 October 2024 | 9 replies
It is properly called ordinary business income and is taxed at the same rate as your W2 income, PLUS 15% self-employment tax which is Social Security + Medicare.
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18 October 2024 | 7 replies
He moved in March 14, 2023 so this will be his first payment after initial rent and security deposit were paid by cashier's check.Thanks in advance!
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16 October 2024 | 5 replies
Let’s help each other achieve a more secure retirement!
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16 October 2024 | 5 replies
For example, last year a friend of mine was able to secure a line of credit through a regional bank in Phoenix..
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17 October 2024 | 5 replies
Megan, Not sure if I can help you exactly, but a few items that might help: 1) As you are out having conversations with potential private money lenders, you can start the conversation about "Did you know you can use IRA, or old employer 401k funds to make private money loans, secured by real estate?"