Andrew Foster
Buying my first property, Transferring Deed, and LLCs
28 October 2024 | 12 replies
However, in practice, lenders rarely enforce it as long as mortgage payments are current and there’s no added risk for them.If you want to avoid triggering the due on sale clause, the safest bet is to wait a few months after closing before transferring the deed to your LLC.
Joseph Shuster
Negative Cashflow - STR
28 October 2024 | 46 replies
I don't think we will reach those lows again, but wouldn't necessarily bet against it, either.If you are skittish now, I'd get it on the market right now while there's still a season left, and price it to MOVE.
Kyler J Sloan
Treehouse Appraisal Process
24 October 2024 | 14 replies
I bet you could quickly get an idea about financing, insuring, and feasibility from them.
Ian Bower
Help me understand my marketplace... are these deals?
26 October 2024 | 6 replies
Low cap rates because you dont have to do anything, just collect the 4% or 5% like a CD at the bank.10% Properties are going to be more involved.
Erich Hatch
30 Year Note Private Lender
23 October 2024 | 5 replies
TIAErich your best bet would be to amortize it over thirty with a 5 year balloon. the issue with private lenders vs. banks is private lenders use their money to lend and many times it may not keep up with inflation - so lending for that long does not make sense.
Lori Brock
WREIN, Kelton Todd, Tresa Todd-Lugten
29 October 2024 | 131 replies
They dont have any hard stats on the success of the people in the network so they couldn't tell me how many people who paid for the network had gotten involved and had success from their process.
James R.
Glut of STRs in Every Major Market. The Elephant in the Room.
28 October 2024 | 40 replies
A smarter approach would involve thorough market research, realistic projections on occupancy rates, and understanding that not every location is still a goldmine for STRs.
Edgar Perez
Buying a halfway house / sober living house
30 October 2024 | 28 replies
For it to work for both parties you will have to do a little more hand holding and one on one involvement than you would for a normal rental.
Yixiong Pan
Is it possible to manage long term rental remotely
24 October 2024 | 4 replies
Quote from @Yixiong Pan: It's possible, but it's also possible that the tenant will destroy your house and you'll never know.Managing investment property involves more than collecting rent.
Stuart Udis
What Syndicators Don't Want You To Know
26 October 2024 | 10 replies
As a hypothetical, let's say there's a syndication seeking capital....Total capitalization $30M, Equity raise $10M....clearly this falls within the boundaries of where a family office, private equity etc. check writer would become involved if the deal has merit.