Donald Lidster
Advice on partners starting out.
16 August 2019 | 3 replies
They will require anybody with over a 20% interest to supply credit scores and net worth requirements and this blows a lot of deals up.If one of the partners has horrible credit and low net worth, make sure you make him either a silent partner or low percentage ownership on paper.If you getting lending, you will need one main llc, with operating agreement that spells all this out.
Zack D'Aiello
Losing money on condo - sell or rent/hold
18 August 2019 | 21 replies
Selling it you may need to bring money to the selling to pay for selling cost depending on your initial loan to value percentage.
Leroy Crosby
Offer(s) To Lease on Owner Occupied FHA loan?
16 August 2019 | 1 reply
Here's my first post.I'm looking to purchase a 4 unit multifamily with an FHA loan where I'll occupy one of the units.1) Can I include the projected rental income from the other three units (or some percentage thereof, as most banks do) for this property?
Sharon Miller
What is my Rate of return on paid of rental property?
17 August 2019 | 7 replies
I am coming up with same percentage, but like you said, things can get crazy in here. lol
Bernicha Reid
Hard Money Lending w/ traditional refinancing
18 August 2019 | 4 replies
What percentage of the mortgage should I have as cash or is a down payment still needed??
Antonio Mcclinton Jr
questions about buying rent ready properties
18 August 2019 | 14 replies
thank you for putting that up, I didn't know myself the percentage but I have just recently went to a rei meeting and the speaker was pointing how much memphis is growing, from real estate, jobs, and etc
Ben M.
Property management fees
18 August 2019 | 2 replies
But you often have a lease fee (which can be up to a whole month of rent, going in various percentages to your PM and to the tenant agent) and a renewal fee (which can be smaller or the same as the original lease fee).
Anthony Smoke
Solo 401K loans - what are the limits?
19 August 2019 | 5 replies
(i.e. 5 years, 10 years, 30 years, etc)Is there a maximum percentage of the total value that can be loaned?
Jansel H.
Legal rights for condo rentals when building allows only 10%
24 August 2019 | 8 replies
How many units are in the building and does 10% rental percentage work out to an even number?
Michael Fucillo
Market crash wisdom to overcome limiting belief
18 August 2019 | 11 replies
It's a mathematical problem, with dollar $ign$ in front of the numbers (not percentages).