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21 January 2025 | 14 replies
Confirm that the IRA LLC provider will prepare all of the documents needed to not only form the LLC (articles of organization, SS-4 to obtain an EIN) but also the documents needed by the trust company to process the investment of IRA funds in the LLC.3.
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25 January 2025 | 24 replies
Would it be possible for me to qualify for an FHA loan as an 18 year old with no credit history (well I will have a little after i get a credit card).
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14 January 2025 | 4 replies
Chris, I can't seem to share a document on here to send you one of mine, but you can copy/paste the following template into a Word Document and create your own.
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16 January 2025 | 10 replies
Any good HML will be happy to share the contact info of borrowers so you can see how easy the process was and how well they treated the investor.Can you share a recent closing document or HUD?
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3 February 2025 | 15 replies
Focus on key areas first (like floors, walls, kitchen, or bathroom), which may help you handle the costs more gradually, even if it means moving in furniture or updating fixtures down the line.Also, since the tenant left it in rough shape, be sure to document all the damage (photos, receipts) in case you decide to pursue reimbursement through their security deposit or in court.
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15 January 2025 | 14 replies
Verifying last 2 years of rental history very important!
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24 January 2025 | 4 replies
.- Review the loan documents, there is most likely a due on sale clause, which is why you won't find a title company to process these for you.
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12 January 2025 | 28 replies
If the proper reports and documentation are not completed, you run the risk of failing an IRS audit and the cost segregation not being honored.
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17 January 2025 | 4 replies
Most (not all) HELOCs require that the property is titled to an individual (not LLC) and are full doc, meaning your employment history, income, DTI etc will be factors.
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23 January 2025 | 52 replies
At every point in history of the 15+ years of the site I've noticed the old timers complaining that the site is the worst it's ever been.