Ellie Narie
Debt replacement in a 1031 exchange with two joint owners, but only one on the loan?
15 March 2024 | 2 replies
The requirement to defer all tax is simply to purchase at least as much as your net sale (in your case 50% of the net sale of the entire property).
Jason P.
Multiple questions on Selling my property with owner financing
16 March 2024 | 13 replies
The only people you will attract are those who can't get bank loans and that's probably not the investor you want...If you want to sell to an investor, structure the deal so it is attractive to investors- figure out a competitive cap rate and back in your numbers from there.
Darian Richardson
80% DSCR LOan for SFR
15 March 2024 | 17 replies
I currently have a home in Augusta, Ga listed for sale.
Amirra Elgamiel
Is it common for PMs to charge a tenant placement fee?
16 March 2024 | 36 replies
@Amirra Besh If you call any agent, they will typically charge 1 month of rent to find a tenant.Just like in a sales transaction, where the buyer's agent and listing agent split the commission, an agent will offer another agent that brings a tenant 50% of the one-month of rent as commission.Many owners are trying to put pressure on PMCs to lower this fee because they think the monthly management fee should cover at least part, if not all, of this.Here's were penny-pinching owners screw themselves: PMC's will charge lower than the one-month of rent, but they offset it and do NOT tell the owner the negative repercussions!
Edwin Machado
Is 25k enough to start in the Bay Area?
15 March 2024 | 4 replies
Very chill meetup with no pitching or sales, just REI people hanging out and talking shop.
Mohsin Mazhar
Keeping a property in an LLC vs person name for BRRRR investors
15 March 2024 | 5 replies
The credit union with which I work does have a due on sale clause.
Trent Zimmer
Sub To or Wrap Opportunity w/ an existing FHA mortgage?
16 March 2024 | 10 replies
There is no work around to the due on sale for an FHA loan.
KC Pake
What's Holding You Back from Your First Real Estate Investment?
16 March 2024 | 12 replies
Have I think one investor that’s willing, have four off market properties that need slight rehab and have been rented for awhile but are getting kicked out because they are up for sale.
Jesse Imes
Short Term Rental Refi
15 March 2024 | 8 replies
However, for any SFR and duplex, a residential lender will value the property based off the sales comp approach, just an FYI!