Stuart Udis
Why The LLC Name You Select Matters
5 October 2024 | 2 replies
Had to go back and transfer $ back and forth.Best name I saw was a contractor that was DFM construction - his name was Jesse so I was like oh what does DFM stand for, he said as a subcontractor its what I want you to do.
Rob Block
Grocapitus - experience with syndications that have exited
4 October 2024 | 15 replies
Most sales are done through an entity transfer, in order to avoid having to record an actual sale price and being reassessed to full purchase price.
Greg Moore
Anyone moving their investments to Bitcoin?
7 October 2024 | 190 replies
You plug them into your computer like an external hard-drive and transfer the Bitcoin from your purchasing platform to this wallet.
Jamie Warcken
How to finance a rehab
4 October 2024 | 4 replies
My husband was recently transferred to SLC, UT, and we're updating to potentially rent or sell.
Genesis Duncan
Newbie out of state investor looking to build network!
7 October 2024 | 39 replies
Then the seller can either fix them prior to title transfer or the buyer has to assume the violations and fix them within a certain period of time after they buy the property.
Hunter Gibson
Real estate Taxes
1 October 2024 | 10 replies
Would it be possible to have the seller transfer the home into a LLC and then I buy the LLC from him.
Tate Kralik
Exit strategy after total loss fire
3 October 2024 | 7 replies
Sell and when you do remember there is a 10% hold by the insurance company until repairs are complete and that’s transferable to a buyer.
Leah Ramsey
Thoughts on my start into realestate?
4 October 2024 | 6 replies
And then can I buy right back into FHA after 1st duplex loan is transferred.Also what is needed for him to transfer his primary to a rental so he can also apply for FHA?
Ray Detwiler
Transfer of home to LLC and future vulnerability/liability
27 September 2024 | 11 replies
or is it still possible to transfer the home to an LLC for asset protection with a quit claim?
Petya Toncheva
DSCR 1st timer
2 October 2024 | 11 replies
Heres the numbers: Borrower(s)Subject PropertyRate Not Locked 9/30/2024 Sales PriceDown PaymentLoan Amount30 Year FixedContract DepositSeller ConcessionNMLS# $670,000.00$167,500.00$502,500.007.000% $0.00$0.00 Bank Origination Charges Estimated Title / County / State ChargesOrigination Points % $ - Owner's Title Insurance $ 4,415.00Discount Points % 1.500% $ 7,537.50 Lender's Title Insurance $ - Underwriting Fee Title Search $ - Appraisal Fee $ 650.00 Title Services $ - Credit Report Services (1) $ 299.00 Alta 8.1 $ - MERS Fee $ 25.00 Recording & Transfer $ - Flood Certification $ 8.00 Notary $ - Tax Service $ 85.00 Settement Fee $ - VOE Fee $ 150.00 Total $ 4,415.00 Total $ 8,254.50 Prepaid Interest / Items Potential Additional CostsPer Diem Interest 15 Days $ 1,465.63 Rental 1007 $ 250.00Home Insurance $ 1,800.00 New Survey (if applicable) $ -Flood Insurance $ - 2nd Appraisal / Reinspection $ - Total $ 3,265.63 Total $ 250.00 Escrow and/or Property Taxes Due Total Estimated Monthly PaymentsTotal Insurance(s) 3 Months $ 450.00 Principle and Interest $ 3,343.15Property Taxes 4 Months $ 2,868.64 Total Property Taxes $ 717.16Total $ 3,318.64 Total Insurance(s) $ 150.00 HOA / Maintenance $ - Monthly PMI $ - Total $ 4,210.31Total Estimated CostsEstimated Closing Costs $ 12,919.50 Estimated Escrow Prepaids $ 6,584.27 Estimated Funds To Closing $ 187,003.77