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21 November 2024 | 16 replies
Accurate information here - heres lots of links on the DSCR Loan option, which is generally the go-to and best loan type for investing if you are using LLC (DSCR Lenders are generally not only LLC friendly, but prefer it and in some states require it!)
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22 November 2024 | 24 replies
There are great responses in here.
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20 November 2024 | 5 replies
You’re acting as the assignor, so once the assignment agreement is signed, the buyer takes on the financial responsibilities outlined in the PSA, including the EMD submission.
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2 December 2024 | 35 replies
You really want unbiased investor advice so I would focus more on the responses that are from investors (or anyone) living in one area in their bio, but telling you about another area that the invest in where they have no vested interest.It's not to say that all agents are spamming, most is pretty reliable advice on their area, but it's still to be considered with a grain of salt.You are giving everyone too wide a scope to help you - anywhere in the US, and then limited to the Midwest (huge), and others.
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18 November 2024 | 27 replies
I'm trying to help them out and came across your response.
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24 November 2024 | 11 replies
Was my description accurate to your experience?
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23 November 2024 | 38 replies
I like @Tim Ryan's response best.
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26 November 2024 | 17 replies
You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.
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15 November 2024 | 1 reply
I've been experimenting where I will comp the same property with different platforms (Privy, Propwire, and Backflip). The discrepancy so far (5 addresses) has ranged from very little (under $10k) to as far as $100k in...
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18 November 2024 | 2 replies
You're absolutely right—rising material and labor costs have made it much harder to accurately project future reserve needs for condominiums.