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26 November 2024 | 2 replies
Typically financing for investment properties are difficult if it's irrevocable.
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27 November 2024 | 9 replies
But these do have drawbacks, typically in lower LTV, prepayment penalties, etc.
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29 November 2024 | 5 replies
Transferring a 1031 exchange property into an LLC shortly after purchase typically won’t trigger immediate tax consequences for your wife if the LLC is a disregarded entity, as you file jointly.This post does not create a CPA-Client relationship.
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29 November 2024 | 6 replies
Spousal Signature Requirement: Typically, lenders require both spouses to sign the HELOC agreement if the property is jointly owned.
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4 December 2024 | 30 replies
Balance Sheet can show how much was a building was purchases for, how much principal loan is still outstanding, how much is in escrow and how much is in tenant security liability, Construction typically in the long-term development are put in the balance sheet and not P&L.Most investors are doing multiple type of real estate, not just rental.
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30 November 2024 | 10 replies
Most investor deals are traded off-market, and the brokers/investors/agents that gatekeep them typically will trade with only their circle as it's a form of doing repeat business with the folks they already know and trust.
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29 November 2024 | 18 replies
These have two very different next steps.If it is a condo, you need to check your condo docs and see where the unit ends and what is common area. if its a leak in a pipe in a wall that is typically common owner and the condo association should take care of it.
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29 November 2024 | 9 replies
This type of loan typically has lower interest rates since it poses less risk to the lender.Non-Recourse Loans: Conversely, non-recourse loans limit the lender's ability to collect from the borrower beyond the collateral pledged for the loan.
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7 December 2024 | 14 replies
Gatlinburg lots or lots with great views are typically going for 100k to 180k even.
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26 November 2024 | 12 replies
Typically you can go up to 75% combined Loan To value.