Patrick Rafferty
Switching Rental Property from Personal to LLC?
19 March 2024 | 17 replies
- Am I able to do a mortgage assumption from personal to the LLC to avoid the balance being called and effectively keep the interest rate?
Whitney Lares
St. Louis BRRRR?
19 March 2024 | 24 replies
Louis, but I do have experience BRRRRing in a rust belt city.I think the challenge has less to do with the rise in prices, and more about how you will supervise a BRRRR from out of state.
Nana Ofori
Question about owning an investment property
21 March 2024 | 6 replies
The lender would have had an appraiser issue a opinion of market rate rent for the apartment on your duplex so that's a start on what the rent should be.
Justin Foster
How should I outsource bookkeeping?
21 March 2024 | 8 replies
Pricing - most bookkeepers I know are transitioning to flat rate pricing that includes software costs, based on the complication/volume of your business(es).
Natali Cobb
FHA loans on owner occupied multifamily properties
21 March 2024 | 10 replies
Depending on your situation, PMI may be higher and you may have a slightly higher rate.
Abe B.
Bank Accounts + Landlording
21 March 2024 | 6 replies
It probably helps that I currently have my mortgages through this bank as well because it has had the most competitive interest rates each time I have gone for a loan.
Arshiya Taami
fix and flips still possible in southern california with todays market?
20 March 2024 | 15 replies
Well you cant BRRRR at 7% interest rate in a market that pays 3% Cap Rate on rentals.
Scott Alvarez
seller financing and refinance question
20 March 2024 | 2 replies
@Scott AlvarezThere are 3 main parts to a seller financing deal: down payment, interest rate, and price (4th would be the term).
Na Meriel
Complex property transfer to LLC with private mortgage; do I need a title company
21 March 2024 | 4 replies
I contacted a title company to officially record the sale, but they are requiring 3 separate closings (and tons of extra fees) because there will be 3 liens/private mortgages recorded (one is the original mortgage that I want to reassign since the interest rate was very low; the second will be held by my son to my daughter for his portion of the equity in the home; and the third is the difference which will be between my daughter and my other LLC).
Ryan Marble
HELOC to buy STR's?
20 March 2024 | 13 replies
You can always do a HELOC on you primary up to 90% LTV vs an investment property only up to 75% -80% where rates are also slightly steeper.