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15 August 2024 | 6 replies
The stats on my current property are as follows:I owe $170,000 on the original FHA and have a great rate at under 3% which I do not want to lose.
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14 August 2024 | 16 replies
My original question was how to I complete the job without the original GC?
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13 August 2024 | 27 replies
Originally posted by @Nelson Leal:@francescobarbati I just started talks with JWB today.
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14 August 2024 | 8 replies
Quickbooks was our original accounting software but left it to use Tiller with Google Sheets and are outgrowing it and now need trust accounting with better reporting.Our gripes with Buildium Essentials.
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15 August 2024 | 29 replies
If the state you are lending in requires a license, you should find someone with the appropriate credentials to originate the loan for you professionally.
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16 August 2024 | 23 replies
Quote from @Michael Smythe: @Zehua Zhou usually, your 401k will lend funds to your LLC.In that case, you would give a PMC the LLC EIN.You really should get advice from a tax professional.My original plan with uDirectIRA is to let my 401k make a private equity investment into my LLC to make it own 100% of my LLC, and let my LLC buy real estate.
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14 August 2024 | 7 replies
If you are closing outside a title company, which it sounds like this is the situation that you are in, you would simply need to ask an attorney for a note and deed of trust, (once you have completed your 1st transaction, I would ask your title company for a draft Note and Deed of Trust).Once you execute the Note and Deed of Trust, and have it notarized, you simple take it to your local county clerk to have it recorded, the Deed of Trust will have the mailing address of the lien holder, and the original will be mailed to them in 1-2 weeks.Hope that helps, Dustin
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14 August 2024 | 6 replies
@Bruce Woodruff- that's true, that's why I mentioned ARV (sales price) not specific rehab costs (which is what the poster was asking for originally).
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14 August 2024 | 14 replies
I'm originally from San Francisco, CA and started investing in 2021.
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15 August 2024 | 86 replies
You scale originally.