
17 May 2024 | 21 replies
I manage 325 units currently, and there are quite a few scammers out there that use this even to secure an apartment and then never pay.

16 May 2024 | 3 replies
I have a very odd situation:I basically bought a house for a friend of mine about a year ago and gave him a 5% interest only loan for the entire purchase/closing/renovation costs.Both he and I would like him to get more permanent financing.But, he does not have a social security number.

16 May 2024 | 5 replies
They are very knowledgeable regarding fund design but mostly act as a high priced facilitator to connect you with securities counsel.

16 May 2024 | 0 replies
There is a second smaller window in the bedroom, that has the exact same layout (fixed center pane, horizontal sliders on the left and right).Does anyone have any idea for a window guard that would work or how to secure a regular window guard with these types of windows?

15 May 2024 | 8 replies
Sidebar, you usually don't have a Social Security savings with typical rental losses.

16 May 2024 | 3 replies
What strategies have proven successful for you in finding and securing profitable deals?

16 May 2024 | 14 replies
The buyer transfers title to the trustee who holds it as security for the loan.this is what Chat GPT said about it, of course ask if this would have to be corroborated with an attorney in your particular estate:In Texas, a performance deed typically refers to a type of real estate contract known as a "Deed of Trust."

16 May 2024 | 12 replies
@Dominic RichardsonPrivate money lenders typically want a property with great potential and an LTV that secures their principal.
16 May 2024 | 4 replies
Having a 24 month term on the front end will also make my job easier doing the take-out loan when it's time to refinance into permanent debt, because there's room in there for a full year of tax returns to have been done in the middle (if your exit plan is to sell, it'll also make it easier on your buyer who will presumably be willing to pay a higher price if they can get an A-paper good mortgage).Ask for a 24 month term, tell your contractor you want it done in a year (and make it financially worth their while if they can pull it off), internally/mentally plan on 18 months, and I'm putting you on notice now to do your tax returns on time, rather than extending them (don't fight me on this, please just do it).Trying to get a renovation mortgage like this for only 1 point is likely a waste of your time, but if you want to ask, after you've secured the above as a 'done deal,' go for it, can't hurt.

16 May 2024 | 2 replies
In 2-5 years we will have moved into new property and secured a renter to cover mortgage in the existing home.