Kevin McKittrick
Outlets aren't grounded, does the landlord or tenant need to pay?
12 June 2024 | 27 replies
The ground is bonded to neutral at the main only, the overall premise being ground is a backup should a neutral fail.
Malik K.
10%, 15%, or 20% down on Triplex
10 June 2024 | 3 replies
My question is whether it makes more sense to put 10% down so that I can have more liquid cash to use for stocks/bonds/HYSA or if it would be better to put 20% down to get more cash flow/lower mortgage.
Daniel Carlyle
A Real Estate Analogy
10 June 2024 | 8 replies
A Real Real Estate AnalogyI am starting my real estate adventure and I am trying to draw a comparison from paper assets (stocks, bonds, notes, T-bills, crypto, etc.) with real estate.For those who know a bit more than me (and i know this will vary by person) but what are corresponding "tech stocks" (AMZN, AAPL, NVDA, FB, GOOG, etc.) of real estate?
Mike Schorah
What’s the most creative strategy you’ve seen to buy a house?
9 June 2024 | 3 replies
In Gary Keller’s book, Shift, he lists 25 creative options that are most common, but barely scratch the surface:- Seller Contributions- Seller-Funded Permanent Buydown- Seller-Funded Temporary Buydown- Owner Financing- Contract For Deed- Seller Second Lease Option And Lease Purchase- Seller-Assisted Down Payment- Wraparound And Assumable Mortgage- Gift Funding- Selling And Refinancing Existing Assets- Non-Occupied Co-Borrowers- Using 401(K)- Temporary IRA Transfer- Pledged Asset Mortgage- Equity Transfer And Bridge Loan- Employer-Assisted Mortgage- Lender-Funded Buydown- Fannie Mae’s “My Community Mortgage”- Running Scenarios With Automated Underwriting Systems- Adjusting Amortization Period To Lower Payment- Adjusting Interest Rates To Cover Closing Costs- State, Province, And Local Grant Or Bond Programs- Mortgage Credit Certificate- Private LendingHe said these options barely scratch the surface.
T. Alan Ceshker
Wraps and due on sale clause
15 June 2024 | 87 replies
Investors who purchase the bond-like mortgage backed securities are provided a prospectus in which the nature of the assets held in the portfolio must meet specific guidelines and specific vetting processes for ALL borrowers.
Corbin H.
How to fund massive unexpected repair
10 June 2024 | 40 replies
In most municipalities I've worked, you don't need a licensed plumber to repair a sanitary lead - but the contractor should be bonded and insured.
Danny N.
Need Feedback on Single Family Home Rental Performance in Bay Area
10 June 2024 | 19 replies
If it is small (say less than bond market) it is a strong indication that you will better off to sell and redeploy your capital.
Scott Eadie
Beginner with Large Capital Access ($10M)
9 June 2024 | 40 replies
Put it in treasuries bills, high yield savings accounts, municipal bonds, or cds for a year.
Jon B.
Hold Harmless / Release of Liability Agreements for Rehab Contractors
7 June 2024 | 4 replies
I only consider licensed contractors but have found that most reasonably-priced contractors are not bonded or insured.
Chinmay Patel
Cash out Refi on a BRRR
7 June 2024 | 8 replies
I have Bond for title agreement with Tenant what kind of financing options I can use to cash out for next BRRR.