Patrick Knapp
Buy, Build, Rent,Refinance, repeat
6 October 2024 | 1 reply
We currently are under contract to buy a .3 acre lot in downtown that is in a frequent transit area, which means we are allowed to build two accessory dwelling units on the lot. we are also zoned for a duplex, so that’s the plan!
Steve Dora
1st Purchase utilizing HELOC...what are my options?
10 October 2024 | 11 replies
But, an LLC is subject to the laws of it's state of organization not where the property is located or its members reside.
Michael Baum
New VRBO response time rules
8 October 2024 | 15 replies
The scams aren't frequent, but they will definitely happen if you leave the opportunity out there for people.
Samuel M.
Pay Off Loan Sooner?
5 October 2024 | 1 reply
This can help reduce the principal more frequently, which means you'll pay less interest over time compared to just making monthly paymentInterest Savings: Bi-weekly payments often result in more interest savings over time compared to a single large annual payment, as the principal is reduced more frequently.Flexibility: If you have a good year financially, making a large principal payment can give you flexibility, but it may not be as effective in reducing interest if the loan has high monthly compounding.If you're looking to pay off the loan sooner and save on interest, bi-weekly payments are generally more effective.
Darnell Robinson
DSCR loans for $50-$80k purchase price
6 October 2024 | 33 replies
The lowest loan amount I've seen allowed is around $55K with minimum property value/purchase price at $75K, just for the subject property.
Peter ODougherty
Buying a grandparents home to flip?
7 October 2024 | 9 replies
this is a strange (morbid) subject.
Emily Ellis
Wholesaling in New York - Help!
9 October 2024 | 17 replies
I've done some research on this topic and connected with some lawyers on the subject- would love to connect and share some ideas, maybe even JV on a deal!
Noah Bacon
How will the Port Strike impact the US economy?
7 October 2024 | 3 replies
The ILA is North America’s largest longshoremen’s union, with roughly 50,000 of its 85,000 members making good on the threat to strike at 14 major ports subject to a just-expired master contract with the United States Maritime Alliance, or USMX, and picketing workers beginning to appear at ports.I have been reading that if the strike drags on, we can expect some shortages on perishable items that the US imports.One of those is bananas; the US imports 100% of its supply.
Alexander Phillips
1st time buyer, cold feet after mess + closing cost increase of 3%, can I back out?
10 October 2024 | 19 replies
You won’t obtain accurate information about your contractural obligations fromReal estate brokerSellerMentorBP forum members who haven’t even seen the subject purchase contractSo, where to you find an UNBIASED, ACCURATE, EXPERIENCED opinion of where you stand?
Daisy Hawkins
Do I run the risk of exposing my anonymity by transferring from personal name to LLC?
8 October 2024 | 36 replies
If the properties are in California, check to make sure they will not be subject to rent control once put into an LLC.