Have you use an All Inclusive Deed of Trust?

As for buying sub 2, trusts can work as described, but I just use an all inclusive trust deed and I have only had a loaned called due once.

Hi all, new to site.I am looking for any thoughts on a mortgage issue.What I am looking to do is obtain a new mortgage that would be for both property #1 and #2 ( new property ).Right now property #1 mortgage is for about 20-25% of the value of the bldg, and I have DCR of 1:2.1If I buy the other property as well, the combined LTV would be 50%If I took out a new combined mortgage for 15 years my DCR would be a 1:1.8 not inclusive of any income from property #2The properties are under an LLC, why would the bank want me to Personally guarantee the note?

(use the TILA - Truth In Lending Act) which shows you the APR for your loan, this is inclusive of fees and charges and is designed to provide the consumer with a comparison tool.

But, by specifically stating a "Cash Flow" number that doesn't include these expenses, you ARE ignoring them.To not ignore them, your cash flow statement should be, for example:Cash Flow: $309 MINUS OPERATING EXPENSESAt very least, you should include a disclaimer to the effect of, "The Cash Flow and ROI numbers do not reflect the inclusion of operating expenses; actual cash flow and ROI will be lower."

With a standard SDIRA, you can use a company such as Equity Trust and they have all-inclusive annual fees based on the amount of the IRA value.

Or do you charge a monthly maintenance fee which is all inclusive aside from major repairs like boilers, roofs, etc.

After expenses based upon his prior tax returns and the inclusion of debt service the number is closer to $12,800 net (my down payment is $20,000).

I read somewhere that section 8 rent is supposed to be all-inclusive including utility etc.

Now, you may need to bring money to achieve financing, but that’s a separate issue.Finally, inclusive of fees your 25% dp would be around $32,000.