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31 July 2022 | 16 replies
In almost all mortgage and deed of trust documents there are numerous covenants which if violated will trigger the “acceleration” clause.
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21 July 2023 | 11 replies
I have been reading numerous articles and what I have discovered is to hire a title company to have them move the deed to my LLC.
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2 May 2023 | 23 replies
Lot of "lender" here in BP suggesting newbie investor to investing using HML from the start LOL Yep, money makes money and there is no "easy/free way"I always suggested starting slow, small and with your own cash.Learn on your own mistakes first lolI was fortunate to have the best HML in the business with @Jay HinrichsNot just a partner but someone I also consider a mentor/friend.Lost his money on numerous occasions but always paid it back and that makes a world of differenceHML trust the borrower and their "know how".If the borrower F@#$'s up, they should also pay back IMOThanks
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28 April 2023 | 133 replies
I have seen it recommended numerous times and this proves how real the risk is.Best of luck to you.
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18 July 2023 | 31 replies
However, by the Covenants’ numerous references to “tenants” (see Article II, Section 2 for one example) the Covenants assume that properties will be rented out.
27 November 2022 | 24 replies
(top 5 for sure) And of course here, it's carried by Hm Depot so makes it easily gotten, and many times cheaper through them than the suppliers!
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2 November 2022 | 12 replies
DSCR lenders do not report to your credit report, but I've seen numerous conventional purchases blow up because other properties popped up on the drive report and because the purchases weren't seasoned enough to show up on taxes, the debt ratio was out of whack.Structuring your purchases is very important and you have to take the necessary steps to be successful.
10 January 2023 | 27 replies
If its wasn't RE, your opinion would likely be different if you were the consumer and not the supplier.
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17 January 2023 | 16 replies
In recent months, there have been numerous articles/posts surrounding this idea of "Airbnbust".
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24 February 2023 | 5 replies
Hi members, as a H1B visa holder I've read on numerous websites that investment in rental properties and RE in general is legal however what's unclear to me is to what extent the visa holder can be involved as an owner.