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10 November 2018 | 28 replies
I'm not too fond of someone trying to strong arm me, so my first impulse is to tell the guy that you're happy to do business with him under the terms you already discussed or he can move on if he prefers it that way.
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30 August 2018 | 1 reply
Here are the numbers4th deal: $150,000 ARV x 75%=$112,500 loan x 8.5% on a 7/1 ARM= $1800 gross rent - mortgage - rehab/maintenance-taxes/insurance =$100+/- Net/month 5th Deal: $135,000 purchase + $15,000 rehab=$150,000 total investment (25% from the 4th deal, 75% from PML)= $2400 gross rent - PML Loan - rehab/maintenance-taxes/insurance =$900+/- Net/month FOR FIRST YEAR.
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30 August 2018 | 2 replies
I am working with a lender on a commercial loan to buy residential rentals. I see plenty of upsides.. And a few huge downsides. First.. no 30 year loan terms. Not a huge deal. Second. Balloons payments. A reputable br...
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12 September 2018 | 11 replies
I have a really good attorney who I use in PDX that wont charge you an arm and a legg and scare you into all sorts of unnecessary and complicated asset protection schemes.. basically you can vest in LLC have an operating agreement ( that's your JV agreement) and a clear cut buy sell agreement .. pretty simple and standard stuff.. feel free to ping me off line..
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31 August 2018 | 3 replies
Rates will be significantly higher, short term, ARM based.
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2 September 2018 | 1 reply
Also cant forget the man named Merlyn that almost lost his gold hooped earring while flailing his short arms due to a remarkably low offer that I nervously spoke aloud In his dimly lit floorless living room.
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7 September 2018 | 69 replies
I was wondering if you actually needed to be offIlated with the armed forces past or present in order to do biz with Navy Federal?
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31 August 2018 | 2 replies
They are planning to give us the keys at the move out inspection even though the lease explicitly states that keys must Be returned within 24 hours of lease end.
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5 September 2018 | 4 replies
Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.
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11 September 2018 | 3 replies
I am trying to get my arms around were to set up my rental.