26 April 2024 | 4 replies
And even after all the wealth of information I've received from listening to the podcast shows, I feel like a chimp in a rocket ship!

26 April 2024 | 3 replies
They're typically $150-$300 per draw depending on the lender.

26 April 2024 | 11 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

26 April 2024 | 3 replies
At a general level, capital gains taxes are recognized when the income from sale is received -- so a seller pays a pro rata share of capital gains on the purchase price as payments on the note are made.

26 April 2024 | 7 replies
Hi Tina,The only type of loan you can utilize is a non-recourse loan in a SDIRA.A non-recourse loan is a secured loan backed by a pledge of collateral, typically the property that it is beingused to purchase, where neither the borrower, nor the borrower's self-directed IRA, will be held liable forpayment in the event of default.If a loan does default, the only asset the bank can go aer is the asset in question.

26 April 2024 | 2 replies
Do landlords typically relinquish everything to the PM?

26 April 2024 | 27 replies
The response I received was a phone message at my home stating that my offer was too low and that they had multiple offers on the property already way higher than mine.

26 April 2024 | 5 replies
Maybe that lender has some sort of weird requirement regarding where the funds need to come from, but typically a HELOC isn't an issue....

26 April 2024 | 4 replies
Yea retail is a tough space right now, few years ago is a different world in the commercial lending space.I have resources for retail, typically looking at a 1.1 DSCR

26 April 2024 | 14 replies
@Donald Blair unless something has changed, the Canadian mortgages are amortized over 30 years but the rate term is typically about 5 years.