Shayan Sameer
Advice Needed: HML vs. Business Loan or Credit for Fix & Flip Projects
9 January 2025 | 6 replies
We offer a ton of different fix-and-flip programs including putting 10% down on the purchase price and funding 100% of the rehab.
Rose White
Tenant Background Check
15 January 2025 | 6 replies
I recommend you include some of your key qualification criteria in the advertisement.
Danielle Levy
Filing lawsuit against property management company
29 January 2025 | 20 replies
I also do not stop marketing unit including open houses until i have a holding deposit.
Kris L.
Selecting the right agent
26 January 2025 | 12 replies
Looking more closely the higher price agent seemed to provide overall better comps though one or two that I would have considered comps at a somewhat lower price didn’t make it.the Lower price agent had a very unimpressive CMA which included a hurricane damage property sold for land value and another that was an auction, so in retrospect, I’m not too convinced that the lower price agent really knows what they are doing.
Zachary Kotiadis
*Using an FHA loan, can I move during the first year?*
17 January 2025 | 9 replies
HUD 4000.1 (I believe) is the latest HUD handbook and it goes over all requirements for originating the loan, including but not limited to occupancy requirements and exemptions.FHA occupancy : "At least one Borrower must occupy the Property within 60 Days of signing the security instrument and intend to continue occupancy for at least one year."
Joseph Beilke
Costa Rica Info
11 January 2025 | 11 replies
Our total invested into this property is 1.14 million among 10 investors (this amount does include a 250k seller carry loan to be paid off by the 2 of the investors over 5 years).This property was up and running starting December 15 and we have had it pretty booked since then.
Mohamad Guene
Mobile home investment.
8 January 2025 | 3 replies
Challenges include depreciation in market value (i.e., mobile homes often lose value over time unless they are situated on owned land) and tenant turnover.However, tax advantages include depreciation deductions, which allow you to offset rental income by writing off the property's value over time, and cost segregation, which accelerates certain deductions.
Jeffrey Farkas
2nd lien foreclosure
17 January 2025 | 5 replies
You can't get "clear title" until all leans are cleared, whichever way that happens SOMETIMES, but not frequently, the 1st and 2nd will combine and both will be included in the auction.
Nicholas Woo
what are your thoughts using Anderson advisors?
21 January 2025 | 31 replies
There are plenty of resources online including anderson youtube channel, few other sources are :https://wcginc.com/kb/ and https://wcginc.com/fee-structu... -- They have fixed fee structure to compare with anderson advisors without any blatant selling tactics https://www.kbkg.com/" class="redactor-autoparser-object">https://www.kbkg.com/https://go.empiretaxusa.com/61...If you attend any tax-wise or other 3 day events with anderson which costs $197 + travel expenses you will get enough knowledge on how they operate and you should be able to understand what LLC structure is beneficial, also they have a large collection of online videos with plentiful of information on youtube and tax tuesday webinars.
Chrissy Smyth
Rental in depresses area and minimum requirements
8 January 2025 | 3 replies
Screening: Includes income verification and rental history verification.