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19 November 2024 | 4 replies
Hi all, was wondering if anyone has or intends to file a claim in the residential real estate broker commission anti-trust settlements.
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13 November 2024 | 17 replies
Aiming for conventional and not a DSCR loan due to costs and the higher down payment requirement for the latter.With that said, I'm curious to hear your take on what the most cost-effective & efficient approach would be to source a down payment.
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20 November 2024 | 11 replies
I would give the lender a 1% origination fee and payback the interest on the loan in 2K/monthly payment.
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19 November 2024 | 1 reply
Here's a breakdown to my best knowledge Real Estate Investment Trusts are companies that own, operate, or finance income-producing real estate.
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23 November 2024 | 11 replies
I came back with 42k, but told him to take off 3k from the down payment.
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19 November 2024 | 1 reply
My question is since a lender is involved and I will be drafting up a contract how do I protect myself as to once I hand off the home he doesn't end up pushing me out (there is no sign of such and there is trust but this business)?
22 November 2024 | 3 replies
While the tenant is the one staying in the property, the lease is in the company’s name since they are responsible for payment.
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22 November 2024 | 5 replies
That way I atleast saved interest payment on commission to be paid for which minimal service was offered.
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15 November 2024 | 13 replies
@Kevin Lorick this is called trust accounting and is very common for residential property management.
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11 November 2024 | 4 replies
We did a second Land Trust deal with another local company as trustee and had absolutely abysmal service.