Kranti K.
Defend subpoena to trust.
2 September 2024 | 18 replies
If you personally guarantee a loan in the LLC's name its grounds for piercing?
Nima Rezvani
1031 to Primary Residence
3 September 2024 | 7 replies
If you wait two years and have only used it for limited personal use then the IRS guarantees your investment intent under Rev Proc 2008-16.
Robert Schwenkler
Use Pricelabs to create "Preparation time" on listings?
2 September 2024 | 17 replies
In that case, a premium can help discourage back-to-back bookings or at least bring in more revenue that could help with operational costs....While a premiumcan be put in place so that adjacent days are less attractive to guests, there's no guarantee that guests won't book these days, and your regular listing maximum price will still be in effect (though that can be adjusted with Date Specific Overrides).
Kay March
Unrepresented buyer forced to hire listing agent as buyer's agent
1 September 2024 | 2 replies
My concern is that under the new NAR rules the agreement to hire a buyer's agent obligates the buyer to pay the buyer's agents's commission if the seller refuses to do so, and since the buyer's agent's agreement must be signed before the buyer can view a property or make an offer, the buyer has no guarantee that the seller will agree to pay that commission.
Adoney Reid
Time In or Timing the Market Scenario.
31 August 2024 | 4 replies
There's no guarantee that rates will ever return to 3-5%.
Roberto Westerband
First Lien HELOC Strategy
8 September 2024 | 168 replies
Keep in mind also: if you gained virtually zero equity in the last year by pure appreciation, then you can't be guaranteed any/much further appreciation over the next two years either, right?
Sani Shu
Anybody familiar with Keystone Funding Network?
6 September 2024 | 79 replies
Items you will be asked for will be:Address:Purchase Price:Rehab budget:Estimated Term needed:Estimated ARV:Square Feet:Configuration (Bedrooms, Bathrooms):Rehab short description:Explain why this is a good deal:Your history in real estate (including number of flips):Any other comments about the project:Include a Property Data Sheet (MLS Listing, FSBO Ad, Auction Listing, etc)Also include a minimum of 3 Solid Sales Comparables – preferable realtor generated*Once all of stage one above is sent in it can take up to 24 hours for approval to move on to stage 2.Stage 2 on the following page.1Page 2 of 2-Stage 2-After initial review we’ll need the following items sent to processing (Note: all costsat this point are your responsibility & don’t guarantee funding):Inspection from a professional inspectorBPO or Appraisal (Please see guidelines below for a BPO)REPCDates: Inspection Period, Settlement DateDetailed Renovation Budget from 3 contractors (please tell is which contractor you feel best about using)More info may be needed as we move forward, it depends on the best structure for the deal*Once all of stage 2 is submitted in will take a few hours to review and if everything is approved it can take upto 10 business days to close.BPO Guidelines:Please do not use your buyer’s agent to do the BPO.
Jake Vayda
BRRRR Exit Strategy Advice Needed for San Diego Property
1 September 2024 | 10 replies
There's no guarantee they'd say yes to that, but it would let you keep your rate and be way less expensive.
Mike Maher
As a contractor, would access to credit/capital help your business within 12 months?
30 August 2024 | 0 replies
For business owners, having a separate legal entity, such as a corporation or limited liability company, provides the unique ability to create a credit identity with business credit reporting agencies, also known as a business credit profile.Reality check: > Funding your business with your home equity or personal savings/guarantee is a HUGE risk > ~45% of Small Businesses applied for a Business Loan in 2023 > Less than 2% of SBA Loans are actually funded/approved > 29% of Small Businesses FAIL because thee run out of Capital > Your company’s name on a credit card is NOT corporate credit (if you used your FICO score to get it) > Business (EIN) credit will open new ways to finance your growthIf you keep doing what you've always done, you'll keep getting what you always got!
James McGovern
Any reason why I shouldn't open source my building plans?
31 August 2024 | 11 replies
That, and I guarantee whoever reviews it will change it.