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14 October 2018 | 4 replies
The specific situation is that an inherited tenant moved out at the end of their lease.
16 October 2018 | 10 replies
Ideally, with a brief description, what would the easiest, stress-free rent collection process look like to you?
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15 October 2018 | 6 replies
Meaning that the multifamily must go into my personal name.If I quitclaim the property to the LLC after closing escrow on a commercial loan, I have heard such action could trigger a “due on sale” clause whereby my total loan amount could become due and/or I could be required to pay a prepayment penalty.Without the LLC, my tax structure is less favorable and I am exposed to personal liability.Any guidance on this situation?
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22 February 2019 | 38 replies
Best situation for you of course would be if the family takes a passive role and lets you make all the decisions .
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4 November 2018 | 9 replies
My wife was also in the military so i can relate to your situation. we ended up having to owner occ our forst 4 plex under my Va loan for a year then we applied for an additional Loan for another 4 plex using her Va loan, which we currently occupy.
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28 July 2019 | 10 replies
The best thing to do would be to build a relationship with a broker that deals with credit unions, banks and private lenders to explore the best options for your situation.
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17 October 2018 | 2 replies
for me its usually depending upon the situation.......u kinda got to feel them out and see if theres an underlying issue at hand....but yea never more than 3 business days......but you can tell whos stalling.
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15 October 2018 | 3 replies
I see this situation all the time.
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5 November 2018 | 18 replies
You will help them get rid of the stress and they will help you make money.
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22 January 2019 | 12 replies
It's the sub-par renovations, where the investors went into the situation like their S**T didn't stink is where you are seeing the price drops.