James Bakun
Quitclaim deed from personal name to LLC after completing a 1031 exchange
10 March 2024 | 7 replies
The banks don't want to give you a low interest rate that might be higher if you closed with an LLC.
Rashid Khalil
help to buy a house going on foreclosure
10 March 2024 | 6 replies
The couple is divorced. both names on the mortgage. went to auction for foreclosure now. some equity for the owner probably still in property. existing/defaulting FHA loan at a low rate.
James Wise
Are all of the Sub-To Scammers getting SCREWED with the new interest rates?
8 March 2024 | 4 replies
I've heard that a lot of the Sub-To deals that the bank's have previously turned a blind eye to are having their Due On Sale Clauses enforced now that rates are remaining higher for the foreseeable future.How ya'll keeping the grift going now that the buck is due?
Account Closed
Using Subject To, to Get "Free" Properties - A Quick Guideline
13 March 2024 | 70 replies
Anyway.. they would video tape the actual closing and the main reason was to go over the terms of the NOTE.. this is 15% interest you go into default by non payment or non payment of insurance the rate jumps to 22% this is short term loan its due in 12 months if you dont pay we have the right to foreclose or we can charge another 5 points just like the points your paying today.
James Carlson
Boulder County, Colorado streamlines STR regulation
11 March 2024 | 12 replies
Yeah, my only STR's are/have been former primary residences that are in my portfolio because I didn't want to sell them, and because I've had so much demand on them they end up being MTR's (one STR guest stayed for 2 years lol, paying STR rates).
Gabe Capoferri
STR Management Termination Clause
10 March 2024 | 8 replies
I have a 30 day notice that requires I be paid my rate for any of the bookings within that window and I would continue my services during that time.
Blisseth Sy
Should I sell my first home purchase in SF Bay Area?
10 March 2024 | 9 replies
You likely have a good interest rate based on purchase date, and you have a property tax basis that stays low if the market ever recovers.
Sheena Drake
STR in Branson/Kimberling City Missouri
11 March 2024 | 21 replies
Branson area STR's are experiencing great cap rates and returns for our investors in Stone and Taney County.
GG Smith
New Investor Need Advice: Private Lender, Short Term, Low Cash on Cash
9 March 2024 | 2 replies
It's a 12 year term with a 4.75% interest rate with $175,000 down.
Christina Galdieri
Capital gains start
9 March 2024 | 5 replies
Hey @Christina Galdieri, I am a bit confused on your question but in general: If your asset is sold after 12 months from buying it, those gains are considered long term capital gains and taxed at a reduced rate.