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1 May 2024 | 3 replies
Most banks and traditional mortgages "Do not" allow foe the property to be vested or quit claimed into an LLC unless it specifically states it on the closing disclosures.In most cases even on DSCR loans the Bank/Lender still requires you to sing a personal guarantee even if they allow the loan to be vested into the LLC.
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1 May 2024 | 7 replies
The land would be used as collateral to pay for closing costs etc .
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1 May 2024 | 1 reply
Does anybody know if Florida is an attorney state or can a title company be used to close a wholesale deal?
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30 April 2024 | 4 replies
I have no idea why you would think that making a choice to change lenders would be a reason to get out of a deal.
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1 May 2024 | 15 replies
Every single ticket I've submitted I chose the option to contact me instead of the tentants, but instead they send the tenant a text and an email then close the request because my tenants have no idea how to respond (their emails are super vague and my tenants think they are spam).
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28 April 2024 | 3 replies
.), but close enough to the St Aug downtown that ppl can get there easily.
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1 May 2024 | 3 replies
A current goal, would look more like “Save x amount for DP and closing costs for first property.”
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2 May 2024 | 23 replies
I recommend looking into areas near economic bases - close to Nationwide Children’s Hospital, Ohio State Campus, New Albany, etc.
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2 May 2024 | 10 replies
I looked at tampa but it's more of a suburban market. miami has over 21 zip codes you can go up to 8 stories in because of the affordable housing issues and it is the only city in Texas and florida in the top 10 most affordable housing needs ranked by city. it's not even close.
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30 April 2024 | 16 replies
I'm interested in investing locally, but I'm having trouble seeing any properties that come close to breakeven on cashflow.