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Results (10,000+)
Steve Davis Will banks refinance at an LTV that doesn’t cash flow?
4 May 2020 | 4 replies
The only exception I have heard is when you get into value-add or construction products
Art DeBrito Can a real estate broker pay their agents?
4 May 2020 | 2 replies
Likewise, your income is dependent upon the production of your agents.
Keleisha Carter Duplex in Memphis Deal or no deal?
5 May 2020 | 6 replies
A property that cheap may have some serious defect.
Jeffrey Waldron New! Take the plunge? First time landlord in Los Angeles!
12 May 2020 | 5 replies
If you loved your house and you think somebody else will love your house, you'll find a good tenant.Here's some advice as a recent plunger:All you need to understand landlording are these forums and this book:https://store.nolo.com/products/the-california-landlords-law-book-lbrt.htmlBuy it, read it cover to cover, underline the important stuff, and refer to it often the first few months.Also, though it's time-consuming, show your house to potential applicants one at a time by appointment.
Shane Smith Putchasing equipment for an LLC and writing off
4 May 2020 | 3 replies
Hi @Shane Smith -- this is something your CPA will be able to walk you through very simply, based on your business structure.The basic thing to understand here is this:  there are two different "events" involved in what you are describing:  Purchase and Taxes/Filing/Deducting/etcAs far as the real estate goes, in order to purchase the property in the business name you would simply put your business name in the "buyer" space in the contract and sign on behalf of the business, and then use a loan product compatible with the business.Again, this is the purchase piece and then the tax piece comes later.
Nick H. Cash-Out Refi to pay off high interest debt?
4 May 2020 | 5 replies
Have you confirmed that product is still being offered with the CU? 
Tonye Jack General Contractor/ Handyman: Kansas City, MO
5 May 2020 | 4 replies
@Tonye Jack Mathew Romeo out of Independence, Dan Foster foster construction and depending on your product size, @Colin Douthit
Ashley Sommer How can I verify Social Sec # after SmartMove says SSN mismatch
13 May 2020 | 7 replies
To me, when you pull them this way, it really doesn't matter which service you use because they all end up providing a similar product (i.e. the actual credit report). 
John Johnson Multifamily Operating Costs
5 May 2020 | 7 replies
The best thing to do is verify costs expectations and projections with a management company that operates similar product in the area.
Shalom Benton Financing with an LLC
8 May 2020 | 15 replies
Although, calculating debit-to-income ratio stays the same --- I summed up how to figure your rental income in my earlier post.There are (or were before COVID-19) no-doc loan products but the interest rate is a few points higher which in this market isn't that bad.