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16 January 2016 | 3 replies
You have to have separate trust accounts for security deposits, a trust account to get the rents into and then a regular operating account.
18 January 2016 | 4 replies
Want credit line product of $1,300,000 secured by $2.5 in equity, have high credit score. 48 years experience in real estate investing, management and development.
29 January 2016 | 10 replies
I am looking to refinance 7 properties and also purchase a package deal of 5 all SFR.
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18 January 2016 | 6 replies
I have been reading post and listening to podcast for the last six to eight months; and, we finally progressed from learning to securing a deal.
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25 July 2016 | 6 replies
If all of the individual LLC's that own the property are owned by the one holding LLC, once enough money if distributed to the Parent LLC, the Parent can then issue lines of credits to the operating LLC's which it will secure with a lien.
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20 January 2016 | 13 replies
During the market crash, I new my neighborhood was full of opportunities, but as a single mother, I opted for security and never upgraded myself, nor started investing.
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16 January 2016 | 4 replies
It is a line of credit secured by your home.
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21 January 2016 | 19 replies
I put out marketing packages based on actual numbers because all experienced investors will do their own underwriting and make offers based on real numbers but this is hardly the norm.It would behoove you to look at IREM.org as they have financial information from local property managers in every major market and they'll give you the real numbers when it comes to the cost of repairs, water & sewer, heat, electrical, payroll and other information.Once you have this, you should start practicing underwriting deals with your own spreadsheet or one like RealData so you can learn what a deal will actually make versus what BS brokers put out to market.
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19 January 2016 | 3 replies
All loans will have a security instrument and note.
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4 November 2017 | 7 replies
In Ontario they take half a months rent for commission I believe (could be wrong about this).In terms of moving the tenants in and out for an out of province property I'd consider installing a lock with a passcode you can change digitally, that way it's as if you have a permanent lock box on at all times & you can ensure security by changing the code from time to time.