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Results (10,000+)
Daniel Colon Lender won't let me move the property to my LLC
19 June 2024 | 32 replies
So, lemme get this straight: You concealed from your lender your plan to transfer the property to a commercial entity after obtaining the loan based on your personal liability.
Edgar Gonzalez Using Home Equity for Real Estate Investment
17 June 2024 | 9 replies
We no issues closing in an LLC, as a matter of fact most of my lenders will prefer it (assuming it is not your primary residence)Assuming it is not your primary residence, the easiest way to do this deal would be through a DSCR Loans.A DSCR Loan will use current rents or market rents if the property is vacant and personal tax return from you would NOT be required.It also referred to as a No Ratio Loan because your personal Debt To Income is not important.What is important is that the property can pay for itself.If we keep the LTV Low the rate for this loan can be better than a conventional loan.If you ARE Living in the property and you want to keep it... it would mostly depend on how motivated you are and how willing you'd be to "postpone gratification"The best bet is still a DSCR Loan.. which means you moving and renting the property out.We can bring in Asset Based Financing that can help with cash down (if you need it) or to pay cash for another property for you to reside in.Once you're moved out we can do the DSCR Loan at a 70% - 80% LTV or we can calculate a comfortable cash flow number.For example, max cash out that will give you $500 cashflow after a full PITI payment.Let's discuss more!
Jason Cook Can you be a Part-Time Real Estate Agent?
18 June 2024 | 26 replies
You could volunteer as a front desk person on weekends and then gradually work your way up into an assistant while you work on your license... 
Alan Asriants Thinking of Selling? - AVOID SUBJECT TO
18 June 2024 | 5 replies
Yeah, while buying subject to can definitely make sense, selling subject to is something I would never recommend unless there are no other options and even then, only to a reputable company with a long track record and good references.
Frank Barletta Houston: F the Weather but invest anyways.
18 June 2024 | 0 replies
Household Composition: 77008 shows balanced demand for both family-oriented housing and non-family units, promoting investments in single-family homes and high-quality apartments. 77063 indicates higher demand for rental units and smaller homes, focusing on apartments and affordable housing options.Despite higher entry costs and a lower percentage of renter-occupied units, 77008 appears to offer better prospects for appreciation and lower vacancy rates, making it a more suitable choice for investment.Greater Heights OverviewThe Greater Heights area (77008), often referred to as "The Heights," is renowned for its prime location offering a blend of amenities, top-rated schools, and abundant job opportunities.
Neil Warren who has done turnkey
17 June 2024 | 8 replies
If you can't see the property in person, pay an experienced local investor $100 or so (someone unbiased, not your agent or turnkey company) to walk it and do a detailed video tour. 
Pal Sa Community property and guests
19 June 2024 | 5 replies
But that will lead back to the person who invited them.
Donald Taite Hotels
18 June 2024 | 53 replies
@Evan Bell "Flagged" properties refers to hotels that are a franchisee of a hotel chain.  
Jonathan Greene The Key To The Industry Moving Forward Is Transparency
19 June 2024 | 4 replies
@Jonathan GreeneAgree 100%. be transparent and if good news great - bad news - still share it with investors - realize they are making life choices based on what they may be telling you as an example of someone has $100k investment and you fear it’s going to go to foreclosure - well maybe they would not spend $10k on that vacation or buy a new home knowing they are getting wiped outUnfortunately there is a group of guru syndicators who are great marketers / sales which some I have personally spoken with and they are so full of it and just like to hear their voice their ego gets in the way.
Mohamad Guene Thoughts on investing in new built house
16 June 2024 | 4 replies
Personally, my husband and I have only purchased new construction (both for investments and personal homes).