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7 February 2025 | 14 replies
There are definitely advantages to the liability issue when using an LLC, but there are some disadvantages as well.
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27 January 2025 | 12 replies
Your VA loan will be crucial to your real estate investing growth, especially since it affords you the potential opportunity to own more than one property, depending on your overall allotment.For active military personnel, that conundrum of where to invest and where you will end up is always part of the issue that sometimes causes analysis paralysis so it's great you have one in VA Beach already.
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29 January 2025 | 6 replies
In that case, the GP, who was a cheating SOB, issued a K-1 allocating cap gains [§1231 gains] to my Client, who was a minority LP.
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15 January 2025 | 15 replies
Rent was due by 5th but no communication on late payment and is not responding to my text/emails.
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19 January 2025 | 4 replies
There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.
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27 January 2025 | 8 replies
I've had smooth loans close with Kiavi and I've had rough ones, same with Roc.When Loans start to be troublesome:1) The borrowing entity docs are a mess2) The appraisal numbers are lower than expected3) Messy background reports4) Loans happening in an environment where market/rate fluctuating unpredictably 5) Your loan officer and their team are poor at their job6) Title issues that depend on county docs, that can be slow and painfulThere's more but it's Friday and I'm tired....
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23 January 2025 | 2 replies
The property was impacted by hurricane Helene and there is no substantial damages letter issued (yet?)
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23 February 2025 | 39 replies
I bought all the courses that taught you how to do this with no cash of your own, trying to do simultaneous closings, double closings, finder fees and of course the infamous contract assignments.Those all work, but I always ran into credibility issues with even resi sellers.
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27 January 2025 | 56 replies
And you're totally right, housing issues cut across political and other lines.
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8 January 2025 | 14 replies
Lender A misses this or doesn't have this knowledge and then tells you a week before closing that your rate is changing because the program they quoted wont work once the issue is caught.