Kody Smith
Hello, I'm just Getting started with creative finance.
20 January 2025 | 2 replies
.- Collect Tax Certificate to verify Property Taxes are Paid- Get a current statement from the seller to verify the existing balance, if they are delinquent, you can get the bank on the phone to verify the amount to make the loan current.- Review the loan documents, there is most likely a due on sale clause, which is why you won't find a title company to process these for you.
Rich O'Brien
I’m losing a house to unpaid property taxes. Need help
6 January 2025 | 17 replies
OO loan seems like real long shot.
Ryan Goff
Grocapitus - Anyone have experience with them?
11 January 2025 | 168 replies
They couldn't get a construction loan and were constantly blaming the cities being tough on their permit process.
John Gillick
1031 leverage question on partial sale
15 January 2025 | 11 replies
If so what are his loan requirements?
Sheila Steubing
REI GAME CHANGERS Reviews James Hodges
17 January 2025 | 19 replies
I signed up with them about 3 to 4 months ago, then found out how expensive the loan was to get going with them and told them that I would self finance it instead but they had to cancel the loan first...they use a company called Special Financing Company..the person I spoke to at REI his name is Paul, he said he would take care of canceling the loan, but a month later I realized that they were pulling $599 out of my bank account.
Chris Seveney
Is it really this bad with syndicators?
16 January 2025 | 19 replies
Possibly break loan covenants and can't cure default, lender takes back property.
Augusta Owens
Planning my process
9 January 2025 | 5 replies
You could use a HELOC, but with VA loans you have an allotment so you can get loans on more than one home depending on how much bandwidth they give you.
Jon D.
Relocation / selling vs investment?
22 January 2025 | 11 replies
Possibly using mortgage/home equity loan on one unit we own to buy an extra one.3.
Justin R.
Who has moved from QBO to Rentastic (or other RE based software)
22 January 2025 | 14 replies
I know how to use the basic features of QBO, as I do my own expense tracking, but my Bookkeeper is needed for the more complex entries (Loans, capital balances, reconciliation, data entry from PM monthly statements.)I spend almost 8k per year in QBO and Bookkeeping costs (Not including my accountant or tax prep.)
John Keane
Where to find gap funds?
22 January 2025 | 14 replies
Now my investor network as expanded and the best split I have experienced was 65/35 in my favor but I invested 40% of the cash and created over a million in imputed equity before any investor dollar was raised allowing me to originate a bank loan at 87% LTC.