Elliot Tan
Can you assume a VA loan with an entity?
13 December 2024 | 2 replies
Key Steps Before ProceedingContact the Loan Servicer: They will guide you through the assumption process and confirm whether an entity can participate.Consult an Attorney: If you’re considering title transfers or joint ventures, an attorney familiar with VA loans can help you navigate potential risks.Understand Due-On-Sale Clauses: Ensure any post-assumption changes comply with the loan terms to avoid triggering repayment demands.Final ThoughtsVA loans are a unique and valuable financing tool, but the program’s focus on personal borrowers makes entity-based assumptions unlikely.
Silas Melson
Estimating Rehab Costs
14 December 2024 | 15 replies
So, YOU or a project manager or a designer or a partner would be more ideal to have control over the scope of work.
Matthew Mclean
Do I accept a Housing Voucher?
11 December 2024 | 29 replies
Of course you take govt programs.
Daniel Boucher
Triplex purchase, current tenant paying below market rent
12 December 2024 | 4 replies
One unit is occupied by a low-income senior not on the Housing Choice Voucher program and paying well below market rent.
Michael Plaks
DEBUNKED: EOY tax planning "tips and loopholes"
23 December 2024 | 12 replies
Or any game that aims to reduce FICA.However, among other advantages, a partnership allows an even better control over your FICA taxes via guaranteed payments - a partnership's version of W2.
Jason Lowe
Texas, Collin County, DFW area: Mentor/Coach/Investor needed for complicated project
4 December 2024 | 5 replies
A mentor to partner and begin developing with him.I haven't seen any good coaching program around here.
Rita Medeiros
Section 8 & mice what are the expectations. Give me your opinion
12 December 2024 | 20 replies
Yes, it's actually possible to control mice by acting like an adult and dealing with them.
Xavien Rafael
Why Structuring Your Bank Accounts Is Key to Real Estate Success
13 December 2024 | 5 replies
It has been a gamechanger in my business.For my flipping business, I prefer to use fewer software programs to streamline things.
Bob Beach
Seller Financing. Good idea?
19 December 2024 | 13 replies
If so then the chance of them defaulting on your seller finance terms is high and you’ll still be affected by the same problems with the property that exist now, you’ll just have much less control over it so your risk “being the bank” on this property is going to be high.