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8 July 2024 | 6 replies
I use DIY cost segregation algorithm-based studies.
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7 July 2024 | 3 replies
In this case, should the series LLC be incorporated in my primary residence state with individual LLC’s in the respective states where my investment properties are based?
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8 July 2024 | 11 replies
Obviously there's a lot I don't know about your deal, but using napkin math and your figures, Id go for it - I think $1600-1800/month is realistic depending on the area at that valuation (just guesstimating the neighborhood quality based on ARV).
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8 July 2024 | 42 replies
Fadi is his attorney who seems as desperate as he is to raise money and may even be getting paid based on how much money is raised at these events.
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7 July 2024 | 13 replies
It's important to stay current and ask around about which company is responding fastest, as sometimes they are overwhelmed, not having enough local vendors, and service is slower.
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7 July 2024 | 11 replies
Good luck and thank you for your service.
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7 July 2024 | 35 replies
Will probably lose the deal because of their lack of response and poor service.
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7 July 2024 | 0 replies
I'm a mortgage broker based in Dayton, Ohio.
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8 July 2024 | 4 replies
I’m basing that more on things like W2’s being issued by a business versus what was reported by the person who received it - but I imagine it extends to all types of transactions.you are flirting with danger though.
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7 July 2024 | 1 reply
The challenge that many borrowers run into when looking for larger equity lines with limits of $250k+ is that they typically require full income verification (not always bank statement and DSCR exist) with lower DTI ratios (43-50%) however although the repayment scheduled is based off a simple interest only payment, (usually a 30 year amortization schedule with the initial draw period of 5-10 years) the qualifying rate is based off of the converted twenty year amortization schedule (240 equal installments) of the payback period.