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.
Nicolas Munoz
I'm new to real estate investing and looking for some advice on software.
1 October 2024 | 12 replies
I recommend this cause I’ve done everything from using excel spreadsheets to other softwares and nothing was as seamless or complete as this platform.
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
Fernando Guzman
Am I Limiting My Wealth?
5 October 2024 | 16 replies
For Property 1: Should I sell this property and transfer the equity into another investment, or should I explore ways to lower the monthly payment and break even or slightly positive on cash flow?
Josh Hollman
Strategy to obtain 2nd rental & rid of cc debt
1 October 2024 | 10 replies
I’m unsure if HEL or HELOC or selling the rental, doing 0% balance transfers makes more sense, or a combination.