Tomoko Hale
A possible first STR property?
28 January 2025 | 29 replies
You really to examine your options with everything and be very choosy who you let run it for you!!!
Chris Seveney
What is the Best Way to Grow as a Private Lender
13 January 2025 | 15 replies
The other option I have not seen mentioned yet is finding a corespondent who can originate for you.
Jack Sarcia
I sell bank foreclosures...ask me anything!
30 January 2025 | 5 replies
In 2020, it came to a near complete stop.Banks go through the foreclosure process typically taking 4-8 months.
Cosmo DePinto
Moving property from personal to LLC
27 January 2025 | 6 replies
Refinancing: If the lender doesn’t approve, refinancing under the LLC might be required, but LLC loans typically come with stricter terms and higher rates.3.
Aaron Raffaelli
DSCR Loan for a first time REI
19 January 2025 | 18 replies
Hi @Aaron Raffaelli, you've gotten good advice here as well as some good options.
Tina Wells
Valuing Basement Square Footage in Comps
26 January 2025 | 5 replies
Then, I typically see them take about a half to a third of that number for the adjustment factor.
Stacie Telles
Refinance on Investment Property
31 January 2025 | 10 replies
This will typically be a DSCR loan up to 75% of the new value.
Account Closed
PM needs ss#
22 January 2025 | 14 replies
- Of course, most of these PMCs weren't even properly licensed and were typically one-person companies.If you have an LLC, the PMC will only need the LLCs EIN.- If you chose to set up your LLC as a pass-thru entity, then you will need to supply your SSN.FYI - to avoid getting nasty letters from the IRS about errors (which might cause us to be audited), we will ask for a copy of your EIN assignment letter or a copy of your SSN card to confirm those numbers.
Michael Challenger
First Time Home Flipper Looking to Connect w Lenders
10 January 2025 | 12 replies
If I wasn't able to get the cash together, using a private lender would've been a good option.
Dennis Bragg
Emerging Real Estate Investment options in 2025
30 December 2024 | 6 replies
I see 3-5 as a fad.Fractional ownership - way to much overhead for these to be profitable. think "timeshare".STR in non traditional markets - running a STR is a business and real estate, boils down to location location location - who would want to go to a conference and stay in a STR vs. the hotel where the conference is at, most businesses pay for this I do not see why.Mixed use with green - this has been going on for years- it will continue but it is also more expensive to build - which means higher costs to use.Not trying to be debbie downer, I have seen these attempted to be done in the past and they really have not been successful.I do really like the BTR model though as I continue to see that as a very good option in the future.