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17 December 2024 | 36 replies
Here are some very UNSCIENTIFIC conclusions I’ve drawn from empirical evidence1. 75% or more of syndications need rising property prices to obtain even a decent risk adjusted rate of return.
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19 December 2024 | 50 replies
They told my attorney that they were trying to obtain “seed” capital (from me) to finance the lawsuit against their true targets.
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5 December 2024 | 4 replies
I just finished rehab on my first Cleveland property and we're waiting on the lead certificate to come back which I'm told 30-60 days. I have a rental agent in charge already established and started the rental registr...
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6 December 2024 | 4 replies
I assume the sellers are offering seller financing since obtaining a traditional mortgage or refinancing to one after 7 years for this property is highly unlikely.
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17 December 2024 | 42 replies
I believe the Deed of Trust going to the Trustee Sale is in second position and was maxed out by the owner.The other layer of complication on this deal is that the owner is actually deceased and obtained the property originally from his father when his father passed away.
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9 December 2024 | 24 replies
Both of these financing can be obtained as long as you have good credit.
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14 December 2024 | 36 replies
-Obtaining disclosures/reports: I have never had trouble getting copies of disclosures and inspections, agents/sellers will just send it to me when I ask.
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13 December 2024 | 16 replies
that didn't make sense to me that if i have my ira with you then you will put who the owner is but if i don't have it with you you wont' put anything.anyways, she def didnt' give me indication that she exactly knew. maybe i had a bad agent and since i was already skeptical of using a small bank, that def turned me off.at chase my account shows that it's a business account under an llc. i am the manger of llc, the only thing that worried me is that they put me as a the owner of llc. this seemed no diff to me that when you go get an ein, it also puts you the owner of llc. if irs itself can have this limitation in getting the ein, then surely they would understand the limitation of the bank. besides, i have a fully complying operating agreement in which i have a clause that explains while irs ein letter shows me as the owner, in reality it is my ira that is owner and that that there are limitations on irs website when obtaining an ein. i will jsut be adding a similar explanation in my operating agreement about bank acct and have all the supporting documentation in case if it's ever needed. but that's where i am at.i wish this process was simpler/ easier. it is also very frustrating that the custodian doesnt' telll you anything. they all market you can have a checkbook ira but don't really guide you in HOW to do it practically. all these rich ppl are doing it and i doubt they are going through all these hoops. ...
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11 December 2024 | 11 replies
The STR regulations are very black and white and I don’t see many, if any, clients having issues with obtaining insurance if the house is in good condition.
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6 December 2024 | 2 replies
Finding information this way is often faster when necessary information couldn't be obtained directly through the internet.That's the old fashion way of doing things before the internet.