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30 January 2025 | 4 replies
I follow Dodd Frank, I use an RMLO, I have a title company close the sale and offer title insurance.
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16 January 2025 | 9 replies
With $50k, you likely have enough to get started, especially if you target lower-cost markets or use a strategy like house hacking.
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7 February 2025 | 14 replies
I typically advise investors to wait until after closing before quitclaiming a property into their LLC.
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24 January 2025 | 1 reply
With mortgage rates close to 7% and generally soft homebuying sentiment, strength in existing home sales is unlikely to be sustained," said Alice Zheng, an economist at Citigroup.
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31 January 2025 | 29 replies
A new build needs to perform better than that to make it worth your time, all the risks and capital concentration.thanks for the advice everyone and would be happy to connect with you: @Bryant Brislin @Dave Wells @Leilah Davis @Joshua Stewart I have been building 15 to 20 spec houses a year now for 7 or 8 years..Just curious, generally from start to finish, from closing on buying the land to collecting a check after building the house and after escrow, how long is the process taking you?
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8 January 2025 | 7 replies
All lenders have strengths and weaknesses, staying close to them is the only way to learn what each of those are.
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23 January 2025 | 7 replies
These two allow you to close or change "title Vesting to an LLC" without triggering a due on sale.
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15 January 2025 | 29 replies
Closing costs - you will have to pay taxes/stamps etc. typically as a seller.4.
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27 January 2025 | 9 replies
I don't know about other areas in TX, but I keep a close eye on Austin-SAN corridor, and I'm familiar with the market in Kyle, New Braunfels and NE San Antonio.
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24 January 2025 | 4 replies
Weirdly, you may actually be able to get better terms and/or more LTV on the refinance if there is debt on the property as lenders have rules for max cash in hand (max proceeds you get at closing) for cash-out refinances.