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3 January 2023 | 2 replies
I see it as this: you are making the difference $30,000 and $17,200 = $12,800 less your closing costs and fees when you close on it - PLUS the $700 each month they stay there before they exercise.
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1 January 2023 | 5 replies
Specifically someone very familiar with the VA loan process and even better if they have experience lending to investors regularly.
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3 January 2023 | 12 replies
Their National HQ is right there in Houston and they have regular classes on how to do these things.
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3 January 2023 | 7 replies
Essentially, you can apply for a regular investment DSCR loan and just advertise that unit as a 12-month lease only to stay within the guidelines of the lender.
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1 January 2023 | 23 replies
So when the title company runs their searches they would find the back taxes and it would USUALLY be the seller’s responsibility to clear those up in a regular purchase transaction and they would be subtracted from the seller proceeds.if being auctioned by a lender, the lender would have already paid the taxes each year to protect their interest in the property and those fees would usually have been included as a part of the minimum bid required for the lender to recoup their expenses.
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27 December 2022 | 18 replies
Nothing but good exercise.
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10 April 2019 | 5 replies
They told me the following filings would need to be made:-Articles of Reinstatement ($100)-Personal Property Filings for current year and any missed years ($300 per year)This is a DIY task for anyone who regularly files their own LLC paperwork and is comfortable with that process.
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17 June 2019 | 2 replies
I’m just starting out and am not sure if I can put in a business checking account, SDIRA, or regular account.
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20 June 2019 | 0 replies
Is this harder to do than getting a regular mortgage loan?