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10 February 2025 | 4 replies
Proof of claim reserves any rights you have; if you have a lease with the tenant your “claim’ is the amount of future rent owed on the lease.
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8 February 2025 | 6 replies
I agree that 1-4 unit properties are a different ballgame, but within my portfolio, I have a 4-unit property insured for $715K—the same amount as one of my single-family rentals.
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11 February 2025 | 167 replies
I'm not looking to settle the amount on bitcoin, I'm looking to settle on dollars.
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11 February 2025 | 3 replies
You can't actually pay it off directly because they've been securitized, and the people who invested in those securities did so because of the specific certainty of the payment schedule.What you do in a defeasance is use the proceeds of the sale or the funds from your new lender to purchase treasury bonds that are packaged to make the exact payment amounts and timings on the remaining term of the loan, and then assign those bonds to your old lender.
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16 February 2025 | 2 replies
I'd like to get $30k, I'm just not sure how to calculate the percentage of ownership that would amount to.
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17 February 2025 | 6 replies
(The vendors give a quote, usually discounted for being a PM client and if I approve I pay amount, no extra fees/surcharges/etc.)For this I get GREAT and immediate service.
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13 February 2025 | 4 replies
If not I wouldn't bother selling as there is an incredible amount of money lost in buying and selling properties, so you have to make sure you have a plan to maximize the equity and actually have enough.
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18 February 2025 | 9 replies
There is no specific amount of days either that the guidelines call for that you occupy the property.
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20 February 2025 | 4 replies
You will probably want to pay attention to the income tax basis to any proposed transactions as well as be wary of any transfers that cause a property tax reassessment, depending on whether that amounts to a big increase in taxes or not.Feel free to reach out if you would like referrals in San Diego County in order to work remotely.
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18 February 2025 | 7 replies
I've seen programs that go down to a $100,000 USD loan amount for foreign national DSCR loans.