
20 July 2024 | 4 replies
Can a VA LOAN be moved under an LLC or how would you go about getting your assets protected another way?

20 July 2024 | 29 replies
Rates good in increments of 15 and 30 days.high six to low nine is correct for 30 year fixed DSCRNo: syndications, property needs work to rent, ARV, cap rate doesn't matter, no STR rents, no bad credit history such as modification or covid excuse... and a list of outs.The number of players decreased and their rules continue tightening, though rates are better than a month ago.

20 July 2024 | 6 replies
A lender would require you to have this done, but if you are paying cash, nobody will force you to protect yourself.Third Party Reports: $17KSurvey $2KTitle Recording and Search $5KAttorney Fees ?

22 July 2024 | 38 replies
PM’s like you love to talk about Transparency and integrity but are just the opposite and are more smoke and mirrors than anything worthy.More than likely you haven’t even placed a section 8 tenant in years nevermind appealed, disputed or challenged the section 8 rent that was initially approved in order to get even higher section 8 rent and maximize the rent as we do with many of our properties and those properties we deliver to our clients.I really dont even have anymore time for this with players like you but what I do know is what we are delivering to our clients as well as our section 8 tenants day in and day out, case in by case out, and the one thing we realized a long time ago is that every case is unique and there are always exceptions with the right checks and balances.
20 July 2024 | 4 replies
It would be a shame to lose a good tenant.....but you gotta protect yourself at the same time....

20 July 2024 | 2 replies
Would this be something that could hurt the legal protection between personal and business?

20 July 2024 | 2 replies
I see you mention having an LLC, so I'll share my generic advice on that topic.An LLC is useful for two things: anonymity and legal protection.

20 July 2024 | 4 replies
Thanks for this info...followup question: since we will probably want to do a conventional loan for a better rate and we have to take that title directly, would we then transfer the title to an LLC we create to protect ourselves?

20 July 2024 | 6 replies
Below are a few ideas to think about.Appraisal Concerns: Include a clause in the counteroffer to address any potential gap if the appraisal comes in lower than the offer price.Closing Costs: If the requested $10k seems high, propose a lower amount or adjust the sale price to cover some of these costs.Escrow Deposit: Counter with a higher deposit to ensure buyer commitment.Financing Contingency: Make sure there's a clause that protects you if the buyer’s financing falls through.VA Requirements: Understand and prepare for the specific requirements and inspections associated with VA loans.Professional Advice: Consult with a real estate agent or legal professional for tailored advice.Communication: Maintain open communication with the buyers for a smooth negotiation process.Best of luck with your sale,KC

20 July 2024 | 8 replies
A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.