Steve LeBlanc
Mortgage Brokers are Clueless
31 December 2020 | 13 replies
The borrower(s) may have initially purchased the property as one of the following:a natural person;an eligible inter vivos revocable trust, when the borrower is both the individual establishing the trust and the beneficiary of the trust;an eligible land trust when the borrower is the beneficiary of the land trust; oran LLC or partnership in which the borrower(s) have an individual or joint ownership of 100%.The original purchase transaction is documented by a settlement statement, which confirms that no mortgage financing was used to obtain the subject property.
Matt Birkbeck
House Hacking in Tampa/St. Pete Area
9 July 2021 | 12 replies
That will influence where you want to be close to, which will naturally lead to what areas to shop.If you'd like an overview of an area, please reach out to me!
Juan F. Saa
Are legal and accounting fees cash flow dream killers?
6 December 2020 | 12 replies
On the other end, @Jonathan R McLaughlin, I think the nature of your transactions are way complex when compared to my humble upcoming start in turnkey rentals, but I get your point.Great recommendations @Lynnette E.; I don't mind (and actually like) keeping records on my own so I expect this to help a lot in reducing the fees, but the approach @Susan M. has taken in pulling and categorizing everything at the end of the year is very appealing; I will add that $100 per door you tipped me on as a rule of thumb to triage bad cash flow deals.
Mikey Liu
In 2020 - Skip single family and go directly into Multifamily?
4 December 2020 | 0 replies
Don't like how it is more transactional in nature, less steady cash flow stream, can take some time2) Buy multi family - supply seems low, is LV a good market for multifamily?
Terry Harris
Joshua Tree / Yucca Valley Home Development
14 December 2020 | 3 replies
The privacy, off grid, natural setting near JT seems to be very popular right now for short term rental.
Alec Newman
VA Streamline Refinance Loans
7 December 2020 | 16 replies
Often times the far drive is relaxing, however it can also at times be quite stressful due to the nature of being in the military.All of that being said, I’m curious of this VA streamline refinance in the event that it was an option for me to rent.
Sean Byrd
Property Analysis 4 unit in Waukesha WI
10 December 2020 | 4 replies
I have never been to the area but due to the nature of my job I can basically get a property anywhere in the country, but I will choose here due to the great realtor, lender and PM I have established.
Mason Carter
Best place to learn Quickbooks for my business
9 December 2020 | 5 replies
It appears that I need some help and think taking some sort of class to teach me the set up and working nature of the program is needed.
Account Closed
Best way to educate yourself on RE investing
7 December 2020 | 9 replies
I would tell you assess your mindset and see if you have a natural tendency to have a fixed mindset or a growth mindset.
William Dubus
Looking at a live in flip, looks like a killer deal
8 December 2020 | 14 replies
@William Dubus - You'll want to ask if there is an HOA or see if your property is on land associated with one of the protected natural areas.