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18 June 2024 | 1 reply
I am looking forward to growing my real estate team and winning together.Outside of real estate, I enjoy nature, traveling, family and friends time.
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18 June 2024 | 10 replies
I like the warmth of natural wood with interesting grain.
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18 June 2024 | 3 replies
The soil naturally filters and treats the water.
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19 June 2024 | 32 replies
Both FNMA and FHLMC permit this, under the following circumstances: Notes: For all such transfers affecting mortgage loans purchased or securitized by Fannie Mae on or after June 1, 2016, the transferee is not required to occupy the propertya limited liability company (LLC), provided thatthe 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).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.Citation: D1-4.1-02: Allowable Exemptions Due to the Type of Transfer (04/13/2022)Now, you will still have the Note and reporting in your name individually and will still be personally responsible for the mortgage and most likely, the manner of transfer will enable any litigant to pierce the veil of your LLC, but you'll have what you wanted, for whatever reason.
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18 June 2024 | 10 replies
ACH payments by their nature take a few days to know if it actually clears (you can know faster for credit card payments). 7-10 days I'm guessing is something like this:2-3 business days Tenant -> Zillow2-3 business days Zillow -> LandlordSo in summary, you'd almost surely know within a couple days if the tenant sends a bogus payment, even if you don't get it into your bank account until later.
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17 June 2024 | 2 replies
For background this is my first investment and I own the property personally not with an LLC or anything of that nature.
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20 June 2024 | 245 replies
If rates come down a hair, it'll do absolutely nothing but hurt the economy.
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18 June 2024 | 0 replies
Regular inspections for any signs of wear, cracks, or water damage are advisable to maintain the facade's integrity.Parking and Access: The covered parking area is a significant advantage for tenants, but ensures the area is well-lit and secure to prevent any potential safety issues.Interior Features:Layout: The open floor plan with large windows ensures ample natural light, which is appealing to tenants.
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16 June 2024 | 1 reply
I've seen several posts mention Transaction Coordination as a natural beginning point for understanding how deals are initiated & completed, or Wholesaling as another idea.
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16 June 2024 | 12 replies
Don't be embarrassed to leave your business card with your hair stylist.