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3 December 2024 | 15 replies
The 70% LTV and 3% origination cost you mentioned are typical, but they can definitely vary depending on the lender and the specific deal.Regarding the LLC or Trust, you're right, it's a good idea to explore those options for asset protection and potential tax benefits.
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26 November 2024 | 17 replies
People always go for the cheapest financing, quit claim in to an LLC and go about their lives, when they've essentially done nothing to protect their personal assets.
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3 December 2024 | 21 replies
If the purpose for the entity is liability protection, you should be having a conversation with an attorney.If the purpose for the entity the accountant should be able to provide any feedback if there is any tax saving opportuities with the LLC formation.Best of luck to you
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30 November 2024 | 1 reply
I have a self check-in listing on Peerspace. I've collect their photo ID, contact information, and I've been asking all guest to obtain COI from all confirmed bookings prior to their arrival. However, Peerspace has $1...
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4 December 2024 | 2 replies
Ask for them to remove the tree.Fifth, see if you can apply to get a protective order from a court to maintain the property.
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14 December 2024 | 101 replies
I'm sure Elite has complex T&Cs to protect themselves, but it costs you nothing to dispute the transaction.
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2 December 2024 | 6 replies
Investment mortgages, like DSCR loans for investment properties, typically come with prepayment penalties (PPP) to protect against prepayment risk and the keep portfolio CPR in line.
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9 December 2024 | 98 replies
This fact makes it possible to easily adjust the LTV ratio and protect the lender’s investment.
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12 December 2024 | 49 replies
Since you generally won't know for sure when a party will end, you can try to protect yourself when entering the party by buying into the type of property investment that will suffer less should the party come to an end.
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3 December 2024 | 26 replies
As a Baselane user and fellow landlord, I really want to understand how this went down and what I can do to protect myself.