Mitchell Catoe
Does anyone have experience with D.S.C.R. Loans
21 December 2024 | 10 replies
The only things that matter are credit, down payment, reserves, and DSCR ratio!
Chris Seveney
Transferring Properties out of LLC Question
27 December 2024 | 3 replies
That would result in both a transfer of cash and associated journal entries.If my LLC doesn't have a bank account and I've been tracking its assets in my accounting ledgers only, moving money for the sake of moving money would seem strange (and suspicious).
Joshua Tucker
Tax breaks on tribal land
16 January 2025 | 2 replies
In some cases, federal tax credits like those for low-income housing or economic development might also apply if the project aligns with certain goals.Instead of buying the land outright, developers often lease it from the tribe, which can reduce upfront costs and sometimes come with favorable lease terms.
Giovanni Rodriguez
Help with getting a heloc
6 January 2025 | 3 replies
;however, my issue is that I dont have good credit and since im self employed I make.very little income.
Jose Mejia
refinancing a property from hard money lender
13 January 2025 | 14 replies
Credit score- the higher the best. 760-780+ generally gets best pricing for investment property loans with most lenders.
Robby Sanchez
Communication within the GP team
3 January 2025 | 0 replies
As General Partners (GPs), we juggle a lot—talking with vendors, negotiating with buyers and sellers, and ensuring the deal stays on track.
John Friendas
LLC Mortgage Under Partner Instead of Me
12 January 2025 | 22 replies
Quote from @Zach Edelman: If you do a DSCR loan and vest it in an entity - you and your partner can both PG the note and it will report to neither of your credit reports, thus having no impact on your DTI!
Charles Evans
New House Hacker, Need Tips/Reassurance Please!
29 December 2024 | 15 replies
You'll figure out a good price for yours, but be sure to check the market every month or so, and track whether it is increasing, stabilizing, or decreasing.
David Oh
Profit Sharing Bonus for Property Mangement Staff
15 January 2025 | 8 replies
You’re on the right track—build awareness of costs where it directly impacts their role, but don’t overcomplicate the program with factors they can’t control.
Mario Sanchez
What real estate books would you guys recommend
6 January 2025 | 2 replies
I started with Ken McElroy's books, because 1) clearly he knows what he is talking about given his track record and trajectory and 2) because I had easy access to them.