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20 April 2020 | 6 replies
Here are some ideas:1) Tenants in Common2) LLC3) Strongest credit gets the loan, other brothers get a equity participation noteEither way pay an attorney to advise you.
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19 April 2020 | 25 replies
Lot's of REIT's and institutional sellers for retail centers are not bringing assets to market and waiting until July, August when markets and lending are more fluid.
13 April 2020 | 5 replies
Financial institutions count 80% of the rental income towards your income.
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14 April 2020 | 2 replies
One must review whether the taxpayer can use passive losses, if you are not materially participating and a real estate professional for tax purposes.
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13 April 2020 | 6 replies
an example of how complicated it can get...the originating institution sells the paper to a new institution, who acts as their own servicer, but uses a contractor organization to handle the escrow disbursements for things like property insurance etc....they get an insurance invoice for a property that doesn't exist in their portfolio.
13 April 2020 | 3 replies
That said, if appraiser is the best fit, the appraisal institute is generally the gold standard for education; although there are other providers that are just fine.
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13 April 2020 | 1 reply
I know we are overwhelmed by information, analysis, theories and forecasts, but I thought it could be helpful if I provided a list of sources recommended by Wharton.Johns Hopkins Coronavirus Resource Center: https://coronavirus.jhu.edu/World Health Organization: https://www.who.int/emergencies/diseases/novel-coronavirus-2019Pew Research Center: https://www.pewresearch.org/topics/coronavirus-disease-2019-covid-19/International Monetary Fund: https://www.imf.org/en/Topics/imf-and-covid19World Bank: https://www.worldbank.org/en/who-we-are/news/coronavirus-covid19Bureau of Economic Analysis: https://www.bea.gov/United Nations: https://www.un.org/en/coronavirusAir travel: https://www.iata.org/en/programs/safety/health/diseases/Brookings: https://www.brookings.edu/topic/coronavirus-covid19/Peterson Institute for International Economics: https://www.piie.com/American Enterprise Institute: https://www.aei.org/2019-coronavirus-coverage/The Conference Board: https://info.conference-board.org/kW06r0x10PK00BWZbS0Og0ZBe safe and please reach out if you have any questions,Jared
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14 September 2020 | 16 replies
Well, for those lenders and institutions I've talked to.
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14 April 2020 | 2 replies
There can be a little difference or a lot of difference between condo investing and SFH investing, and I'll hit on two of them here:- Lending: sometimes it isn't possible to use institutional mortgages (specifically those intended for the secondary mortgage market) to purchase condos and townhomes.
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15 April 2020 | 6 replies
I may try a different branch of the same Bank institution to see if I have any luck.