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27 September 2024 | 44 replies
Our firm decided to integrate the two a few years back because of the constant push/pull and inconsistent advice between the two services...thus, we determined finding a strategic legal/asset protection partner, versed in our tax planning, was the correct route to go for our clientele.
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23 September 2024 | 11 replies
All that new development will probably take 10 years or more, but the wave is coming.Most of the people I have rented to in Sherman though drive to Dallas area (Mckinney, Richards, Frisco).
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22 September 2024 | 2 replies
We get primary residence loans for <10% down, we have the power of creativity, and if we're planning smart - we also have the opportunity to ride the wave of interest rates because we're much less dependent on adjustable rate loans.• If you want to get involved in syndications or passive real estate investing but you don't have enough in liquid cash for the minimum investment, you can use your retirement accounts like a self-direct IRA to do so!
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25 September 2024 | 11 replies
That is correct.
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29 September 2024 | 12 replies
Please correct my thinking but if I can refinance this and rent it with no money left in the deal I have a COC return of 100% right away BUT the opportunity cost of the $160k in equity will be considered too.
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25 September 2024 | 2 replies
To my understanding the process is adding my units to a board, waiting for the section 8 representative to contact me when there’s an interested tenant, have an inspection done, screen tenant and have paperwork done correct?
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26 September 2024 | 14 replies
@Brie Schmidt we have had this happen before, but typically what we showed them the prior DU they corrected it.
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25 September 2024 | 2 replies
Recasting is when you make a payment on an existing loan and update the payments - for example if I owed $100,000 and my payment was $600/mo and I paid it down by $40,000 recasting is they update the payment based on the new $60,000 balance.If I understand this correctly, you are selling a home which you will make $300,000 on and putting $200,000 down and keeping $100,000 to renovate?
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25 September 2024 | 11 replies
It looks like this book focuses more on the how, is that correct?
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25 September 2024 | 2 replies
Asking in the correct forum will get a better response.Need a spreadsheet or form?