Chris Seveney
Why jr. Liens can be problematic when in 1st position
13 November 2024 | 15 replies
But if the docs give you the right to start charging default interest, force release of the lien etc that is at least some leverage, control.
Steven Garza
Hard Money Refi
9 November 2024 | 10 replies
Thank you Steven, if your HML will not extend for you, I would recommend a 0yr PPP DSCR loan.
Mary Jay
Fix and flip/construction loans
8 November 2024 | 3 replies
@Mary Jay, to layer on to Connor's comment, while some lenders will only pay draws on invoices paid with lien releases, there are also some that will allow you to submit draws on invoiced work.
Lisa H.
Buying a house with a tenant that has lost his job
11 November 2024 | 10 replies
Extend closing and have the condition of the sale that the seller provides the unit vacant.
Will Gaston
Nearing 1,000 College Student Tenants: Here's what I've Learned
21 November 2024 | 305 replies
Quote from @Christos Kappatos: @Josh CissellHey Josh,I wanted to extend a huge thanks for sharing your insights.
Jamie Parker
Seller Financing into Long term debt service products
9 November 2024 | 21 replies
No Expected date when funds will be release.
Jeffrey Hennen
Cost Benefits of Water Softeners
9 November 2024 | 5 replies
I think this would make sense in the long run for the rental property as it will extend the life of everything it touches like the Sink, faucets, showers, water heater, dishwasher, and Clothes washer while also providing clean drinking water in addition to the reverse osmosis drinking water system I already have installed.The main problem with this hardness level is that we get a major deposit buildup on all of these items, which will eventually clog up the faucets for tenants and lead to rusty shower enclosures that take forever to clean.In addition to this, it looks like we could likely have the salt added every couple of months by the property managers in addition to that it would allow for a quick inspection from them, and then also we would instead bill the cost of the service onto the ledger for the tenants.For reference, it does not look like the landlords in the area have water softeners.Thank you everyone for your input ahead of time.
Josh R.
What to do with a property that has too much equity?
12 November 2024 | 18 replies
You may pay more for that extended closing window, but it may be worth it.
Rochelle Gerber
Has anyone moved their 401K to a self directed real estate one?
13 November 2024 | 22 replies
As you said you are currently still employed there, so you can't do it right away until you leave employment there.Second, once you've rolled over, you can setup your SDIRA as a regular account (where fund release has to go via your custodian) or setup a LLC checkbook option, where you can write out a check for your choice of investments.Yes you will have full control over the use of funds in your rolled over SDIRA.
Shannon Mogilinski
What are you Insights for the Spring market?
6 November 2024 | 10 replies
Investors thought they could extend their debt, but that doesn't appear to be the case with what has happened to rates.This cycle would have been a disaster if our banking system was in the same situation as 08.