Jose Pena
Weird location, is it still a deal?
29 August 2018 | 8 replies
How much are taxes and insurance a month?
Amadeus Hladun
BRRRR Refinance Step Help
16 August 2018 | 8 replies
(This includes mortgage payments, taxes, insurance, utilities, HOA fees, etc. that occur during the Rehab Phase and up until the property is fully rented)= $310,000 (not including Closing and Holding Costs) Maximum Allowable OfferYour Purchase price of $250,000 is below this amount.
Jessie Griffin
Transferring Deed to Business After Purchase
15 August 2018 | 4 replies
Don't forget insurance, title and hazard.
Jeremy F.
First multi-family deal, want opinions!
17 August 2018 | 10 replies
It seems like these posts always lack in details so I will try to give the most information possible:Sale Price: $575k Current rent: $6825 (this is topped out, no room to increase)Loan terms: 20% down, 20 year 5 year balloon 5.75% interestsManagement: 7%Insurance: $3200Maintenance/capex: $5000Taxes: $8900Vacancy: Using 5%Property is C class and in good condition (new furnances, roof, etc) No common areas.
David Smith
FHA Loans and how to use them, are there any, "catches"?
20 August 2018 | 10 replies
FHA has higher fees, an upfront Mortgage Insurance Premium of 1.75% of the balance (rolled into the loan) and .85% MI.
James Stinnett
Questions about Property Management Services
16 August 2018 | 8 replies
If the owners do not have an impound account for taxes/insurance are you also making these payments; again what %?
Joseph Lucas Jr
Series LLC.. Can I move it?
19 August 2018 | 67 replies
From time to time during the drafting process, there was talk of restricting the use of Series LLC only to those regulated industries which already have some experience with these entities and can be expected to use experienced counsel in forming them, those entities being primarily the hedge fund and insurance sectors.
Callum Sinclair
How to Start A Partnership
23 September 2018 | 5 replies
Also get as much insurance as you can for coverage and an umbrella policy.
Matt Kalish
Florida Keys Vacation Rentals
21 August 2018 | 7 replies
My biggest hurdle now is the insurance.
Asher Carr
OWNER FINANCING OFFER W/ MORTGAGE ON HOME- WHEN?
14 July 2018 | 3 replies
We have done a number of Wrap mortgages and we like using seller financing this way a lot.Banks executing DOS clause for performing notes is EXTREMELY rare in our experience.As long as their payments come in every month and the home remains insured, it would be really surprising to see the bank call the note.