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24 October 2024 | 19 replies
You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State website for all to see.
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25 October 2024 | 66 replies
Thanks to @Jay Hinrichs for looking at those documents.
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25 October 2024 | 11 replies
Your offer, contract, and assignment, documents are the most important documents, as they are the bases for all rights and responsibilities.
24 October 2024 | 5 replies
Since there is even less documentation to look at/review with this, pricing is a bit higher than your typical DSCR LTR/STR product, however, there are numerous ways you can structure the deal to make certain the #'s work for you.
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22 October 2024 | 12 replies
This will strengthen your documentation and will have basis if you are ever challenged by IRS.
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24 October 2024 | 13 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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28 October 2024 | 34 replies
This can get pretty complex, pretty quickly, so just keep that piece in check for audit documentation and make sure you have good records on all of it.
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25 October 2024 | 2 replies
The home buying process typically follows these key steps:Assess Your Finances: Review your credit score, savings, and determine how much you can afford for a down payment and monthly mortgage payments.Get Pre-Approved for a Loan: Work with a lender to get pre-approved, which gives you a clear budget and shows sellers you’re a serious buyer.Find a Real Estate Agent: Partner with an experienced agent who knows the local market and can guide you through the process.Search for Homes: Browse listings and visit properties that fit your criteria (location, size, price, etc.).Make an Offer: When you find a home you like, submit an offer through your agent, including contingencies (financing, inspections, etc.).Home Inspection & Appraisal: Once the offer is accepted, hire an inspector to ensure the home’s condition and the lender will order an appraisal to verify the property’s value.Secure Financing: Finalize your mortgage by submitting required documents and ensuring the lender clears you for closing.Closing: Sign the final paperwork, pay closing costs, and receive the keys to your new home!
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23 October 2024 | 4 replies
These are not typically smooth because even when you meet all their guidelines the lender's investor will usually require more documentation.
24 October 2024 | 18 replies
Plus we have several other documents from WLB like non-standard lease provisions, rules and regs etc we use as well, so it adds up.