Andre Brock
Any experience on hiring a rmlo?
8 November 2024 | 5 replies
The process is getting allthe information together like the 1003, credit authorization form, bank statements, income statements etc. they will underwrite the file and confirm the borrowers ability to repay.What state is this in?
Mitchell Coles
Strategic Buy & Hold with ADU Potential in Morganton, NC
9 November 2024 | 1 reply
By highlighting my ability to close quickly and my plans to enhance the property's value, I secured favorable terms that fit my investment goals while laying the groundwork for the broader development project.
Jon Pflueger
Advice on NYC rental markets in Queens, Brooklyn, Long Island
12 November 2024 | 17 replies
Don't quite understand what you mean.Wholesaling has nothing to do with where you grew up.Wholesaling (as well as any other business) is about lead generation.I didn't grow up in NYC, and if I were to wholesale there I would dominate that market with my ability to rank websites #1, dominate online presence, credibility, and competence strategies I can apply to my online image.I think this is why so many people are "afraid" of wholesaling.Break wholesaling down into its most basic elements.
Roopesh Krishnamoorthy
NON-US Citizen wanting to invest in real estate with a work visa!!!
11 November 2024 | 8 replies
While passive rental income is possible, managing it across borders can be tricky and may incur extra costs like foreigner withholding taxes and specialized tax filing.Financial Accounts (Roth IRA and HYSA): From what I understand, if you were to leave the U.S. without citizenship or a green card, your ability to contribute to a Roth IRA would be affected as you would likely no longer have U.S.
Shaylynn O'Leary
Fix & Flip or Buy& Hold??
13 November 2024 | 23 replies
If the property is in a good rental market, with solid cash flow potential and the ability to build long-term equity, holding might make more sense.
Tar-U-Way Bright
Thoughts on PadSplit
13 November 2024 | 14 replies
For a fee of course which I believe to be 12% of rent.I am a new investor but I do have the ability to learn and take action.
Stuart Udis
Structuring your entities for anonymity is NOT asset protection
21 November 2024 | 39 replies
Doing nothing may be correct for one person, and engaging in a complicated entity structure may also be correct for another person depending on the situation.Each real estate investor/professional has different risk tolerances, different levels of savvy, different abilities in terms of bookkeeping, different estate plans, if one has an estate plan at all, and different relationships.
Jamie Parker
Seller Financing into Long term debt service products
9 November 2024 | 21 replies
Current building code requirements and local amendments should be considered forrebuilding the fire-damaged portion of the residence.The Engineer shall have no liability to the Owners, or to others for the acts or omissions of theContractor or any other Persons performing work on the project, or failure of the Contractor tocarry out the work in accordance with this letter, except where specifically inspected andapproved by the engineer and discovery of defect is possible within the normal ability or standardof care for the industry.This report is based on a diligent visual inspection of the referenced areas.
Mitchell Coles
Value-Add Opportunity: Renovating an 8-Unit Apartment Building in Drexel, NC
7 November 2024 | 0 replies
By demonstrating my commitment to revitalizing the property and emphasizing my ability to close quickly, I secured favorable terms that aligned with my investment goals.
Mitchell Coles
Newly Renovated Duplex with Versatile Rental Potential in Morganton, NC
7 November 2024 | 0 replies
By emphasizing my ability to close quickly and outlining my plans to enhance the property’s value, I was able to secure the deal at favorable terms.