Jacque Mihovk
Boston Investor Struggling to Start
3 November 2024 | 21 replies
Are you aware that on some deals some lenders may require certain net worth requirements of you, and certain amounts of cash equivalents to belong to you to qualify as a borrower?
Isaac S.
Delaware Statutory Trust DST 1031 Difficulty Giving up control
12 November 2024 | 171 replies
I often get first looks for my clients on properties from developers, listing brokers, and individual property owners because they know I qualify my clients and I am there through the whole process.
Eva K.
Reducing Closing &Calculating REET) when buying out my partner
31 October 2024 | 0 replies
I'm fairly confident from reading online we don't qualify for an exemption, but I'm trying to assess actual closing costs to trying and reduce them All details:Bought the house 2.5 years ago for $980K (left on mortgage $753K), we have a clause for an assumable mortgage for me to take over (I can keep same rate).
Gabriel Juarez
Tips on investing
2 November 2024 | 8 replies
It covers your down payment and in most cases the closing costs depending on what state you live in or County.Focus on 2-4 unit multifamily homes first if possible because you can use 75% of the rents per month of each door/unit as income to qualify.
Deepak Malhotra
Line of Credit on Property in LLC
4 November 2024 | 19 replies
You can do a second mortgage using DSCR to qualify and be able to close in an LLC however I have not found any HELOCs that allow closing in an entity.
Mike Harvey
Starting with section 8
2 November 2024 | 8 replies
If the tenant makes sense, the rent is there, and it all works for the particular property, I'll go with S8.But I'm not the type to turn down a well qualified cash paying tenant simply because I only want S8.
Jean-Pierre Maeder
Parkwood Property Investment
31 October 2024 | 0 replies
Was not able to rent it and selling was a challenge as high interest rates reduced the number of qualified buyers.
Thomas Fredella
I would think about Partner Driven very carefully b4 jumping in
7 November 2024 | 18 replies
If a deal doesn’t qualify, our coach personally explains why and offers guidance.
German Tapia
From California, Investing out of State, Where do I register my LLC?
4 November 2024 | 12 replies
While reading these discussions, notice whether people who share their opinions are qualified to do so.
George Bell
How to structure LLCs for rental portfolio
5 November 2024 | 28 replies
Because I’m still building my portfolio of rentals, I have them in one LLC because it makes qualifying for loans easier.