Gina Musachia
NEW Member and Investor
10 February 2020 | 3 replies
I almost pulled the trigger on Connected Investors PIN but saw a forum on here that talked me out of it.
Cal Hutson
Pulling the trigger on cash out refinance
10 February 2020 | 8 replies
Is this something that you would pull the trigger on or would you hold off?
Tim Lovell
Can I use my 401 K to invest in realestate
13 February 2020 | 6 replies
You may wish to confirm that the new 401k provider will handle the ongoing compliance support such as any required 5500 filing (e.g. 5500-ez for a one-participant plan with assets in excess of $250,000), any required tax reporting (e.g. 1099-r in the event of a distribution or in-plan Roth conversion), mandatory plan updates and amendments, etc.4.
Josias Vivancos
Creating a company for my investments
11 February 2020 | 5 replies
You should have a lawyer make sure transferring them won’t trigger the due on sale clause found in most mortgages.
Gardy Saturne
[Calc Review] Help me analyze this deal
10 February 2020 | 3 replies
Depending on your municipality, a sale/refi may trigger a new appraisal or they just do everything every 2-5 years.
Kristin Feerst
New Investor in Philadelphia, South Jersey
12 February 2020 | 10 replies
We're close to pulling the trigger on our first place as well, and the nail biting is intense. lol.
Cynthia Nina-Soto
Our biggest deal ever
10 February 2020 | 1 reply
This created a domino effect which triggered lots of other code requirements. our rehab budget doubled as a result.
David Rohrer
New Investor - Intimidated
12 February 2020 | 6 replies
Sounds like you have a good head about the numbers you'll need to look for in the right property - you'll often hear "analysis paralysis" thrown around a lot with new investors... so long as you're doing your research ahead of time and you have your connections/network laid out (i.e. realtor/contractor/lending) then there isn't any reason you shouldn't pull the trigger when the numbers work.The important part will come when you turn over your investment to your boots-on-the-ground team who will be responsible for making your project move forward - making sure you're using licensed, insured, and fully vetted contractors will ensure that your money is being appropriately to protect your investment and to reach that projected ARV - the effort should be focused on maximizing your ROI so you can keep your momentum going!
Pablo Espin
Convert FHA loan to a LLC
11 February 2020 | 3 replies
You technically can’t transfer a property that you have personal financing on to an llc without triggering the due on sale clause.
Bradley Lemen
Is it bad to focus on only getting a 3-4 unit for your first?
12 February 2020 | 27 replies
You can not trigger not acceleration when a property goes into a trust, the trust is also a private unrecorded document.