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29 June 2018 | 22 replies
Lending companies, many out there, including the one Im at will be pulling skip traces and background reports on your prior properties that have been linked to your name in the past and if you were doing FNMA loans on these in the past these properties will be 99.99% linked to your social sec #.The only advantage of switching properties that were investment use to begin with on fnma loans to commercial loans is that you get to free up your 10 slots per social security # (10 for each partners if married and title and loans were done separately on each spouses Social).If you're converting from a primary to a rental you get to use rental income to offest the affect of having the entire mortgage hit your qualification and in this limited sense you can say yeah you improved your DTI.
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23 April 2010 | 15 replies
If there are pipes that go through the floor, you'll have to cut slots to allow you to slide in the board around them.
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15 August 2009 | 29 replies
I now schedule 2 or 3 people for the same time slot and ask them to wait if multiples actually show up.
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20 January 2018 | 7 replies
It has s lot of equity in it and a little research has found the owner is deceased.
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19 March 2018 | 4 replies
I don't want to have the properties connected and should I decide that one would be better becoming a buy and hold, I would like to put it in the next slot of the series LLC.
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26 November 2013 | 11 replies
Slot machines, for example that say "98% payout" mean that, on average, they pay back 98 cents for every dollar bet.
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11 January 2012 | 14 replies
So for most banks I have one 'slot' left to fill.However, there are 2 things to consider: 1) I have about 130k to invest right now, and 2) There is about 250k in equity in Rental 1.So I'm trying to decide, do I drain the equity out of Rental 1 and buy more properties?
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18 January 2012 | 10 replies
Originally posted by Bryan Hancock:One of the calculations that happens frequently is that someone figures a project return for a project that takes less than a year and then annualizes it.So that time I rolled through Vegas and threw a quarter into a slot machine and got two back wasn't really the 630,720,000% ROI I've been bragging about????
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6 June 2018 | 7 replies
The only difference these days is that the modular vinyl windows can be bought preassembled with gas sealed between glass panes and slotted into existing window openings.Whatever you do, Andy, good luck in your business.
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7 November 2017 | 12 replies
For anything that's an emergency, myself or one of my representatives will make all arrangements and meet with the contractors at the home, and under those circumstances we generally dictate the terms directly to the tenant (i.e. there's no heat and the HVAC guy has one slot open this afternoon, that's when we are going to be there regardless of convenience).