Lau Cor
Putting the investment in an LLC
21 January 2025 | 4 replies
Most commercial lenders do not require any seasoning for that entity which means that you can create an LLC and use that entity to purchase the property immediately as long as you have the proper documents.
Laurieann Frazier-Duarte
Commercial real estate
21 January 2025 | 4 replies
My focus is on providing either turnkey-style space for those interested in temporary, infrequent use or long-term leasing for business folks who require conference room space (or perhaps event space).
Nevin Wilkie
Where to find Owner Phone Number for Run Down or Abandon Properties?
21 January 2025 | 8 replies
Our company requires first/last name and a mailing address for the owner.
Roman Stefaniw
Arms length Mortgages/Private Lending
14 January 2025 | 15 replies
B2B Bank had just introduced liquidity requirements which seemed to indicate they really did not want to be providing that service.TD was the last of the Big Five to offer the ability to write and hold arm's length mortgages.
Chris G.
Drain Field Replaced at Rental Property and Broken Cable Line Responsibility
13 January 2025 | 1 reply
So ultimately this may require a discussion with counsel, and you may have to settle on splitting the cost.
Jonathan Worrell
Mentoring and Advice
13 January 2025 | 3 replies
That does not require employment or job seasoning instead it uses the rents to qualify and you can take out up to 80% LTV cash.Use the cash to put down on the next 1-2 or more properties as long as the other properties are debt servicing themselves it opens up more opportuities to buy more future assets and increase your passice income.
Asim G.
Extra Tenant Fees charge by Phoenix Property Managers
14 January 2025 | 5 replies
Some, like ours, focus on offering optional services such as renters insurance or washer/dryer rentals without requiring tenants to opt into a full package.When choosing a property manager, I recommend asking about the structure and purpose of any fees.
Tony Vicente
R-8 Zoning Multifamily?
20 December 2024 | 13 replies
You are basically changing the dwelling and Baltimore City is not gonna let you do it without getting your money :D))
Rick Im
2nd mortgage lender
17 January 2025 | 4 replies
Most (not all) HELOCs require that the property is titled to an individual (not LLC) and are full doc, meaning your employment history, income, DTI etc will be factors.
Kyle Carter
Ohio Legal Considerations for Rentals
3 January 2025 | 2 replies
In terms of selling a property, parts of Cleveland require a POS (Point of Sale) Inpsection, but I'm not too familiar with what all that entails.