LaTara G.
Private Placement Memorandum Inquiry
11 January 2019 | 27 replies
As a toe-dipper, I'm limiting my investments to $1K per offering for the time being to let the test of time work its magic.
Megan Cauble
Can a mortgaged property by an individual be titled as an LLC?
3 January 2019 | 4 replies
You can make this transfer to a limited liability company (LLC), provided that "The mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, andthe LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).Note: The servicer must notify the borrower that a property transferred to an LLC must be transferred back to a natural person prior to any subsequent refinance application in order to meet Fannie Mae’s Selling Guide underwriting requirements."
Jimmy O'Connor
Single VS Multi- What should Philly change so it can grow?
3 January 2019 | 2 replies
I think looking ahead, limiting RSA5 in neighborhoods like Brewerytown, Point Breeze, Grays Ferry, could help facilitate the movement back into the city
Yazeed A.
Going GREEN in Real Estate
2 April 2019 | 2 replies
I tell them, "congratulations, you just earned a "C" on your report card.When the code doesn't demand something it's a hard sell “green” to most clients/investors who have a limited budget and need every dollar for their projects.
Bradley Partin
First rental property
3 January 2019 | 3 replies
If you are a complete beginner with limited knowledge and experience then I think it's best to hire a professional until you're in a better position to take over.Even the most experienced investor may be wise to use a property manager because the PM can handle the mundane day-to-day tasks while the investor focuses on building the business.
Lella Bennett
LLC endorsement on an ALTA Homeowners policy?
4 January 2019 | 8 replies
After completion of the sale, we transferred title to all three properties into an AZ Limited Liability Corp (LLC) using a General Warranty Deed.
Dan Taylor
Intro from a contrarian.
9 January 2019 | 18 replies
Most of my peers, including myself exchange time for money through hourly wage, getting into passive revenue streams is contrary to prevailing thinking which limits brainstorming opportunities.
Neil Copeland
Solo 401k Opening Questions
10 January 2019 | 13 replies
My limited research seemed to point to the solo 401k being the way to go if you can make it happen.
Ken Nyczaj
How to remove tenants on off market deal
4 January 2019 | 8 replies
Don't know the law in Maryland, can't give you a certain answer on time limits.
Forrest Owen
New member looking to start investing
18 January 2019 | 17 replies
I'm starting from very limited knowledge, however I'm eager to learn and looking forward to getting started!