Douglas Middleton
HELOC 1st Lien Position
8 April 2024 | 39 replies
It comes with both the Sweep Checking account that automatically takes any deposits during the day and pays principal first at 12AM each night "sweeps," over that money into the AIO or line of credit.Some features:-AIO or All in one - 1st position lien of credit accrues interest only after principal is paid at 12AM based on rate/365 simple interest and auto charges it to you balance on the 20th-21st of the following month (interest is basically paid slow and principle always first)- You get 2 accounts when you setup the AIO: 1) the AIO 1st position line of credit itself, 2) The Sweep Checking account- There are no monthly payments so long as you have available credit because the interest is added to your balance on the 20th-21st of the following month and that reports as an on time payment.- Margin on the AIO ranges from 3.25-3.75% + 1 month libor Index (which has lately been around .16% or so).
Huggy Ford
I need someone who knows Cash out refi or loan for a commercial property
5 April 2024 | 20 replies
Retail, Self-Storage, Auto?
Nate T.
lease for Arizona group home
5 April 2024 | 22 replies
I would also request copy of their coverage for General Liabilty, Professional Liability, Workers Comp. and Auto Liability.
Tara Adi
Who is responsible for LCE damage in event of negligent maintenance of CE by HOA?
5 April 2024 | 6 replies
They will defend the claim and know the legal levers to pull in situations like this...I recently did the same for an auto claim that we clearly aren't liable for, but the other driver's insurance disagrees.
Wilson Feliciano
Help With Home Owners Insurance
3 April 2024 | 3 replies
I ran into an issue with insurance on one of my properties.House built in 1880, 5 units with another in a semi-detached house that has its own address.Insurance before purchase was a bear but I finally got Auto-owners to cover it.A year later they reviewed it and oops your electrical is not up to code and now I have to spend another $30k to fix it or they drop me.If it was only 4 units then it was likely that Foremost would have covered it with a rider.
Kevin Zhang
Property management yearly subscription legit or not?
2 April 2024 | 11 replies
They told me that the contract auto renewal by itself without sending me any any notification or email consent.
Rob Pattison
Need to put either a well or water tank in my Costa Rica airbnb rental, suggestions?
1 April 2024 | 6 replies
It might be possible to set up a water tank with an auto fill system.
David Shelby
Can my LLC act as a management company for my own properties?
1 April 2024 | 10 replies
You can pay the mortgage with an auto payment from the LLC bank account BUT HOWEVER the 1098 will come in your personal name, and the property taxes in your name.
Jay Hinrichs
Chips Act Path of progress investing is where the big dollars are made Oregon
1 April 2024 | 39 replies
just look at how the auto industry left the north for the South Right to work states that are not overburdened by the unions.
Gigi Merritt
The Right One
30 March 2024 | 2 replies
The little time I had with him I cherish and he is intensely missed every day.My primary career has been managing various claims from habitability to slip and fall (personal and commercial) workers comp to dog bite and private passenger auto/trucking with attorney involvement, so I’m not shy nor am I intimidated by these life sucking vampires, lol.