Erol Shashaty
Real estate friendly bank
14 November 2024 | 22 replies
Their familiarity with the local market and diverse financial products could be beneficial.Huntington Bank: With a significant presence in Ohio, Huntington Bank provides various commercial banking solutions and has a history of working with business clients, including those with complex ownership structures.PNC Bank: As a major regional bank, PNC offers comprehensive commercial banking services and has experience dealing with corporate clients, which may align with your fund's requirements.It's advisable to contact these banks directly to discuss your specific needs and assess their ability to accommodate your investment structure without personal guarantees.
Nik Farooqui
Has Anyone Purchased Auction Homes
8 November 2024 | 3 replies
I approached the REO bank that owned the condo complex a year later when they're still stuck with 30 units and got another one for $40K.
Chris Core
First Investment property
14 November 2024 | 15 replies
In Franklinton there are plenty of large projects going on that will bring massive growth to the west side of Columbus, such as the Peninsula Development, which is a multiphase project that will erect a 24 story apartment complex featuring a grocery store, a multi use office space building, and a new hotel featuring a two-story venue.
Brody Veilleux
House Hacking with an LLC
11 November 2024 | 6 replies
Cons: Violates FHA terms (due-on-sale clause), risking loan acceleration; makes refinancing and insurance more complex and costly.For now, keeping the FHA-financed property in your name is safest.
Chris F.
Advice on Structuring Fees as a New Property Manager
11 November 2024 | 9 replies
Join NARPM, that's also a great resource.The systems to get to a decent portfolio are not complex, especially with today's software.
Mitchell Coles
Prime Duplex Development Opportunity Near Uptown Charlotte
7 November 2024 | 0 replies
Originally under contract with a wholesaler, I resolved complex development issues, including acquiring and recombining an adjacent parcel, to meet zoning requirements under the city's new UDO laws.
Mitchell Coles
Prime Duplex Development Opportunity Near Uptown Charlotte
7 November 2024 | 0 replies
Originally under contract with a wholesaler, I resolved complex development issues, including acquiring and recombining an adjacent parcel, to meet zoning requirements under the city's new UDO laws.
Joe Ferguson
What to choose
9 November 2024 | 5 replies
It's a complex process and there are a lot of unknowns for a first time investor.
Isadore Nelson
Rental Demand Philidelphia?
11 November 2024 | 20 replies
Some is from nearby development of major mulit family complexes happening in areas like northern liberties, fishtown, point breeze etc.
Zac Kucharek
First House Hack Tax Planning
7 November 2024 | 7 replies
I have heard from others that you should learn and research tax if possible for your first property rather than hire CPA right off the bat as it should be less complex from strategy.