24 June 2024 | 4 replies
They seemed willing to work with me on a cash out refinance bridge loan, but the representative that called me is super flakey and gave me different information than the person that emailed me.
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24 June 2024 | 7 replies
I personally enjoy a misting fan on my patio.Here are some data points below: prices are steady and rates as well; not too much change in the market this far.
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24 June 2024 | 14 replies
As far as financing - I personally like the local banks.
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23 June 2024 | 6 replies
Hope to connect with you in person sometime.Cheers!
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23 June 2024 | 1 reply
Please let me know if you would like to meet-up in person and I can help process some options for you.
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24 June 2024 | 5 replies
In our previous example of $4k net monthly income the disbursement would be as follows: $4,000 Net income$1388 principal loan repayment to majority partner $1305 (50% of $2612) to majority partner$652 (25% of $1305) to each minority partnerAs your parents, they might not require or care about the same rate of return, or a return at all (except the equity position) especially if they're planning on utilizing the property for personal time.
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23 June 2024 | 1 reply
If they owed $200k they’d still have to personally buy at least $500k.
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23 June 2024 | 8 replies
Hi Kenny-Great question about whether you should put a house you plan to live in and rent out parts to others in an LLC.Certainly putting it in an LLC would help with asset protection and limiting personal liability.However, you may lose the ability to claim the part of the house you live in as homesteaded tax rather than the higher non-homestead investment property tax for the entire property in an LLC.
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23 June 2024 | 11 replies
Asset Protection:While owning properties in your own names may have tax advantages, it does expose you to personal liability.
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23 June 2024 | 4 replies
@Zhen Yuango look in person.