Brady Lamprecht
Should I provide a deposit to a contractor for out-of-state work?
12 January 2020 | 20 replies
Make sure everything is explicitly clear as to what is expected.
Byron Bailey
Full time student, no W-2 job but want to start investing
22 January 2018 | 5 replies
Typically they are 30 year term, 3/1 ARM , at 7-8% interest.
Buddy Holmes
Self Directed IRA doing a mortgage note for a SFR purchase
31 January 2018 | 26 replies
Buddy just have to make sure that the transaction of his IRA is truly 'arms length'.
Mike Abramowitz
Portfolio Loan based only off the income of the properties?
27 January 2018 | 11 replies
Assume: ARM, 20-25 year amortization, higher rate, periodic re-underwrite of all your financials.
Jocelyn Canfield
Tenant makes good faith deposit then backs out Pennsylvania
3 February 2018 | 27 replies
You should have a written policy and a written agreement with the tenant.As others have stated, the funds should be received as a "FEE" because deposits are generally understood to be refundable (some states say this explicitly).Your written agreement can say you are receiving this "fee" and apply it towards the tenant's security deposit once they sign the lease.
William Brown
Shoot bullets in my wholesaling marketing strategy
2 September 2020 | 51 replies
You then are never a wholesaler but the acquisition arm
Joe Carlile
Tenant in quad does snow removal/lawn care
24 January 2018 | 5 replies
This keeps his work responsibilities at arms length and is better protection for you as the owner.
Phil T.
Where do you keep your reserves?
25 April 2018 | 6 replies
The bank 5 year ARMs are not balloon loans, the interest rate adjusts every 5 years.
Ivy Flowers
N00b here, few questions... CLE, OH
6 February 2018 | 12 replies
I got a 15/1 ARM on my Lakewood 2-family that they were willing to close in my LLC name (I opted not to as that would have limited me to 65% LTV).
Isaac El
Trying to put a deal together and totally confused - HELP!
31 October 2017 | 4 replies
With a RM the property must sell for 95% of a current fha appraisal.....no deal here.