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14 October 2024 | 9 replies
But if property is originally purchased in trust, and mortgage, if any, signed by trustee, there is anonymity and limited liability as far as I can tell.If a claim is filed all this will eventually come out.
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14 October 2024 | 13 replies
@Maria WalshHi Maria,To your original questions, whether condo or SFH, you will not have a problem finding tenants, particularly in the winter months.
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12 October 2024 | 2 replies
Purchase price: $40,000 Cash invested: $40,000 Sale price: $118,000 House flip that was originally going to be a long term rental.
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18 October 2024 | 29 replies
I'm Italian, and originally from North Jersey/NYC area so we just send out some guys that specialize in knee cap alterations 🤣.Ok, more seriously, I personally believe in responding to reviews both positive and negative because it builds a critical body of work such that when you do respond to negative reviews it doesn't look out of place.
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16 October 2024 | 10 replies
. $70k is quite a lot where things could go bad imo.But to comment on the other thing:> on the first - maybe. it does seem like you have good experience. but your numbers on it as a BRRRR are overly optimistic. you'll have to pay points at closing for the loan; you'll have holding costs while you rehab; it's difficult to get an 80% refinance; and refinances aren't free either. so you've left tens of thousands of dollars in costs out.So, we have already talked with the hard-money/bridge lender about all associated fees (1.5% origination, $2500 closing), they are included above.
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12 October 2024 | 15 replies
I’m wondering if you ever got to see the original invoice.
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13 October 2024 | 6 replies
One of my clients almost lost his chance at a claim because his originals were destroyed in the storm, but luckily, he had everything backed up.Hang in there, Joe!
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21 October 2024 | 176 replies
So I basically buy move in ready deals that fell through on financing, frustrated seller, make them a quick no-contingency offer and close at their original date (or close to) - best I can do right now.
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15 October 2024 | 40 replies
Originally areas like Dade County Florida (Miami) were monitoring areas.
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8 October 2024 | 6 replies
You do not need a separate LLC for each property or a series LLC!