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30 March 2024 | 8 replies
With conventional financing, changing the deed over to your LLC after closing is technically a violation of the loan documents.
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31 March 2024 | 61 replies
Quote from @Jay Hinrichs: maybe make it like a Lenders license I have U have full fbi criminal and personal financial and credit report.. does not mean you have to be super star but just cant be bad.To get my GC in Cali, I had to do a full fingerprinting and state and federal background check.
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1 April 2024 | 98 replies
When I'm not talking to someone with a background in Finance or Accounting I try to simplify statements which is what I've done here with my responses, if not we'd be getting into the weeds on these post talking about EBITDA and other variables when we discuss our numbers on our assets.
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29 March 2024 | 1 reply
I've heard that it's better to have a commercial property insurance policy for the LLC that covers all of the rental homes in it since A) it may be more cost effective than having individual normal home insurance policies on all of the homes and B) it will name the LLC as the primary insured party which technically will be the primary insured since the homes will be in the LLC's name.
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29 March 2024 | 13 replies
Look for a broker who specializes in commercial real estate or investment properties, as this will align well with your background and interests.
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30 March 2024 | 27 replies
My background is project management versus development but if you were looking for some help I could help in some way.
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29 March 2024 | 25 replies
@Jonathan Bock They paid for background/credit check.
30 March 2024 | 24 replies
Now although technically speaking you could say I bought my rate down a point and someone could understand that to mean from 7% to 6% - it's more often than not it isn't a 1:1 correlation like this in the mortgage world.Why?
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29 March 2024 | 11 replies
To tackle these challenges, I leaned on my background in Software Engineering and developed a tool designed to make the bird-dogging phase a bit smoother.
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28 March 2024 | 2 replies
So I don't want to continue depreciation it, but it's not technically a disposition.