Jason Thomas
Real Estate Professional Status
6 February 2024 | 4 replies
The issue comes with test 2.
Erin Wamsley
Why use quit claim instead of warranty deed to transfer to LLC?
6 February 2024 | 12 replies
I wanted to do a quit claim deed in a similar situation and my attorney told me exactly what you said "Why bother with a quit claim deed when you can issue a warranty deed?"
Jen Breysler
Property Management Company vs Self-managing property in CA
6 February 2024 | 3 replies
Know that you will get phone calls / texts when something goes wrong or if your tenant is having issues w the property, etc.It all boils down to personal preference, goals, etc.Good luck!
Han Jaewon
HELOC then Refinance?
7 February 2024 | 10 replies
Based on your numbers above I cannot imagine any of this would be an issue however as your DTI should be fine, but no one can give you definitive answers without an application.2. and the last sentence of the above IS the way yo insure a smooth process.
Paul D.
How does a mortgage company look at depreciation?
7 February 2024 | 18 replies
@Paul D.I ran into this issue.
Amanda Long
Is this legal?
7 February 2024 | 19 replies
However, there's a critical ethical issue if the company did not accurately represent these terms or the process, leading to your misunderstanding.
Griffin Sisk
Pooling Money With Trusted Friends to Buy Real Estate?
6 February 2024 | 14 replies
I have my contractors out there, and if I see something that might need to be repaired soon, I just get it done, while others will wait until an issue comes up.There are 3 different kinds of people in this world:They all walk into a property:Person 1: "wow this is perfect for rent, there's nothing here you have to do!"
Elvin Luccon
4 unit multifamily deal
6 February 2024 | 19 replies
But there's are a host of other California (and Washington and Oregon) issues to consider: 1) Rent control.
Amy Gonzalez
Investing in Mexico
6 February 2024 | 14 replies
While it is difficult and time-consuming to get approved, the main issue is that the interest rate will run well into double digits and, to add insult to injury, you get taxed on the interest you're paying and you're forced to take a life insurance.