John Zilverberg
Cash Out Refinance No Seasoning Second Home Loan
9 December 2021 | 2 replies
I've searched both the forum and the internet and seem to keep running into the dreaded 6 month seasoning period.
Nathan Gesner
Would you throw out your tenant's personal belongings?
17 December 2021 | 20 replies
If notification by mail is used, the 14-day period shall be deemed to start on the day the notices are deposited in the United States mail.Subd. 2.Landlord's punitive damages.
Justin Goodin
2 Things To Look For On Your Next Investment!
5 December 2021 | 2 replies
Again, keep in mind the exit cap rate is a projection of what the asset expects to sell in 5 years (or whatever the hold period is) and nobody can predict the future.Solution: Ask the sponsor how they concluded their exit cap rate and where they are getting their data from.
Jenna Banaitis
How to fund the next property? HELP!
6 December 2021 | 14 replies
Also, some HELOCS require you to reestablish them at relatively short periods.
Dan Turkel
How to track income/expenses when income is net of fees
9 December 2021 | 7 replies
You need (at least 40 or 50 sometimes in my case.) of individual “reasons” for income and expenses (property #1 rental income, #1 management expenses, #2 income, #2 management expense, #2 plumbing repair, #3 income, #3 management expense #3 landscaping expense #3 commission to realtor finding tenant, #4 income #4 management #4 landscaping…etc etc..) this will then either equal your deposit or have a last line that shows the amount you are out of balance where you missed an item or entered an incorrect amount.Doing this let’s you produce a report of any property’s income or expense over any time period.
Adrian Rae
My partner would rather pay top $$ for a flip than buy a fixer
6 December 2021 | 18 replies
For example, you buy turnkey with a down payment, there’s going to be a several year period that it will take to recoup your investment to do it again.
Gaile Bennett
Bad Business/Landlord where is rent
5 December 2021 | 0 replies
I am not happy with this period.
Marshall Secord
Flip vs cash out refi
6 December 2021 | 6 replies
@Marshall Secord Most conventional banks require a 6 month seasoning period to be able to perform a refi, so you have to have your cash tied up for that time, with that comes a 30-yr fixed at around 3-4%.
Nick Robinson
Eurodollar Futures Inverted
6 December 2021 | 0 replies
That is not projecting the housing market crashing significantly but you would assume during a recession, or period of slower economic activity, that the amount of people buying houses would shrink which should lower demand.
Isaiah Wily
Options for Financing problems
7 December 2021 | 4 replies
My businesses were forced to close for an extended period of time in 2020 so my tax returns look completely different from 2019 to 2020.