Tori Roy
Unscrupulous Private Lenders and outright SCAM ARTISTS!!
23 December 2024 | 12 replies
The Federal Trade Commissionc.
David Ivy
Austin Market Report - November 2024
18 December 2024 | 0 replies
For the 10 year period spanning November 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9% in that period.With inflation nearing its 2% target and signs of a slowing labor market, The Federal Reserve recently made its third cut to the federal funds rate since the start of the COVID pandemic.
Kendric Buford
Multifamily Newbie - Tips & Feedback (Out of state/Ohio)
1 January 2025 | 12 replies
Another downside is you loose on the advantages, of the Federal Tax Code, by not closing in the name of a LLC/ LLC taxed as an S Corp, or an S Corp.If you want to close in the name of a LLC/ LLC taxed as an S Corp, or an S Corp, Mortgage Lenders will offer you Commercial Loan Terms (25-30% down, a 15-25 year amortization, and a ballon due in 5-7 years).
Alejandro Bautista
Recommendations for new gig
17 December 2024 | 5 replies
Would it make most sense to do S Corp federally with C Corp state or LLC state but S Corp federally.
Carolina S.
Capital gains tax vs. 1031 exchange
21 December 2024 | 7 replies
Figure out the state and federal capital gains tax and depreciation recapture after selling costs.
William Burns
Detroit Housing Commission Section 8 System
18 December 2024 | 5 replies
3) It's been 5+ years since we've seen a S8 tenant lose their voucher for property damages, not paying their portion of the rent or utilities, or other lease violations (letting others move in with them).It's our opinion that #2 & #3 above are caused by overworked caseworkers not having the time to process the extra required paperwork, so they take the path of least resistance.4) S8 needs someone at the federal level to put more of the program online and streamline the process!
Felicia Richardson
Land Purchase Down Payment
21 December 2024 | 12 replies
I've spoken with Vystar Credit Union, AgSouth and Navy Federal.
John Underwood
Corporate transparency act blocked nationwide
26 December 2024 | 21 replies
@Marcus Auerbach the issue and objection is Federal overreach.
Scott Trench
Bold Prediction: The Fed WILL Do a 25+ BPS Cut... But RE Borrowing Rates Will Rise
17 December 2024 | 20 replies
I believe that the Federal Reserve is going to cut rates by 25-50 bps at it's September meeting (no emergency cut), but that 30-year fixed rate mortgage rates will rise to upper 6s low 7s around the same time, and Commercial borrowing rates, including for multifamily, will increase as well.
Julian Zamora
How do I become a mortgage broker?
14 December 2024 | 8 replies
then you take the state test and the federal test to get your NMLS registration..