Cristal Ochoa
PennyMac Loan Transfer to LLC
7 January 2025 | 5 replies
What I've seen is that when asked to provide an assurance that a loan wouldn't be called because of a due on sale clause being triggered, the lender customer service typically just outright says it's not allowed, or default to a "no", because they see it as a black and white question, and miss why the due on sale clause is actually written into the mortgage document to begin with.If one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title.
Jared Galde
Hey! I'm Jared. My life is about Sober Living Home Investing
9 January 2025 | 10 replies
Rent we collect is typically 30-50% higher than market average.
Julio Gonzalez
Cost Segregation Study Approaches Explained
31 December 2024 | 0 replies
Since this approach relies primarily on true documentation rather than estimates, it is typically the most accurate.
Jed Butikofer
No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?
20 January 2025 | 37 replies
Instead of 40 houses cash flowing $200 each or $8000/month, you buy 10 houses and pay them off for a cash flow of $10,000/month with 1/4th the headache.People don't understand the amount of time, energy, and stress involved with managing a lot of doors, especially if they are lower-class properties typically needed to generate cash flow.
Josh Edelman
Las Vegas Market + News for December
5 January 2025 | 0 replies
A balanced market typically has around 6 months of inventory, so anything lower suggests a seller’s market with limited inventory.🎆 Las Vegas Rings in 2025 with a Bang!"
Christopher Alley
private money
3 January 2025 | 8 replies
Up front fees (outside of appraisal fees) are typically a red flag when dealing with a HML.
Kevin Robert Highgate
New to Bigger pockets - New to Investing
1 January 2025 | 3 replies
The cons as i see it include loosing the 2 of 5 year cap gain exception, typically not an ideal rental because the emphasis at purchase was buying a good home for your family and not a rental with optimal return (my ex-home consistently has the lowest cash flow for equity in my RE portfolio), not disconnected enough from the property causes addition angst on damage and may result in over improvement.
Tyler Bolton
LLC versus personal umbrella policy for Indianapolis SFH rental
12 January 2025 | 7 replies
Typically, we set up entities in the state in which the property resides.
Jason ODell
Cash on cash for non-leveraged properties
4 January 2025 | 2 replies
Perhaps do a case study with a hypothetical deal you think is typical for what you are looking at and compare it to the alternative investments you might use and their expected returns.
Lorenzo L.
Buying my first property (NEED ADVICE)
15 January 2025 | 39 replies
. - Just be prepared, because a motivated seller typically has a property with issues you need to be sure you can solve.