Pat Quaranto
Rookie Ready To Start My Journey!
24 April 2024 | 16 replies
House hacking will also give you some personal "property management" experience.
Luke Pavone
Looking for guidance
26 April 2024 | 1 reply
You are doing exactly what you should do to start, just do it at meetups more in-person.
Stephen Brossard
First multi family out of state
24 April 2024 | 18 replies
don't forget to look at new construction typically much stronger than existing, especially in a market like columbus where the age of properties will really impact your bottom line.
Tina Swanson
Conventional loan on rental property purchased by SDIRA LLC?
26 April 2024 | 7 replies
It must be a non-recourse loan, made to the IRA with no personal guarantees from you or close family members.
Chris Mason
4-star mobile home park mortgage options, April 2024
26 April 2024 | 10 replies
NOI, and thus cap rate, feeds into how much of a down payment is required b/c it feeds into the "sizing" of the loan.Many asset classes, like apartments and offices, have less than ideal in place cap rates today, so you need 35% or 50% down to buy them (unlike a DTI-based home loan, your personal W2 income cannot be used to significantly offset).
Jim Windgassen
Electric Vehicle Charging - Draft Lease Statement
26 April 2024 | 11 replies
No accommodations for Level 2 charging will be made without evidence that an EV will be charged regularly at the Property.If practical and installation can be achieved at a reasonable cost, either a NEMA 14-30 or 14-50 outlet will be provided to the Tenant to connect Tenant’s personally owned EVSE.
AJ Satcher
How Does Subject To Financing Work?
26 April 2024 | 3 replies
This can be particularly appealing if the seller is facing financial difficulties, needs to move quickly (perhaps due to relocation, divorce, or other personal issues), or the property has little to no equity and they can't afford to sell it through traditional means without bringing money to the closing.
Tj Hock
Culture Index for Hiring and Leadership
26 April 2024 | 0 replies
According to the Culture Index, I'm a "Technical Expert" personality type.
Joshua Kim reid
Real Estate Note Investing
26 April 2024 | 13 replies
Disqualified persons include your fiduciary and members of your family (spouse, ancestor, lineal descendant, and any spouse of a lineal descendant).The following are examples of prohibited transactions with a traditional IRA:Borrowing money from it.Selling property to it.Receiving unreasonable compensation for managing it.Using it as security for a loan.Buying property for personal use (present or future) with IRA funds.
Yinan Q.
Two LLCs own one property?
27 April 2024 | 19 replies
And if you ever sell the property the LLC will have to sell and do the 1031 and buy the new property.Or you could stay as tenants in common (your LLC, your wifes LLC, and the other persons llc).