Brad Parish
Operating Agreement for LLC for Self Directed IRA
14 April 2021 | 5 replies
That would be theft.You will be much better off finding an attorney or advisory firm that can integrate the LLC with the overall IRA setup & administrative services and meaningful consultations related to maintaining compliance with IRS rules.
Dimple Khurana
Second Lien Position on Impending Foreclosure in NY, Need Advice
18 May 2018 | 11 replies
@Tom Gimer - this property has passed through 5-6 trustees from what I can tell, and the loan is being serviced by someone other than the original bank.
Account Closed
First VA Loan, Then FHA loan?
2 May 2018 | 15 replies
I hear:"Alex, you're so poor that the debt services on your cheap, embarrassing houses can be afforded with couch coins and no additional underwriting is needed"#semantics ;)
John Douglas
Multifamily Utilities - Residential or Commercial
30 April 2018 | 0 replies
There is nothing additional being provided in terms of connectivity, disaster recovery, service, etc. for the commercial account.
Matt Asaro
Reputable Property Manager - Boise, ID
30 April 2018 | 2 replies
Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.
Lisa L Wegner
First time dealing with Ocwen- any advice?
2 May 2018 | 16 replies
This would apply to a refinance also, since the original mtg would be eliminated, and replace.As @Tom Gimer mentioned, Ocwen usually services loans in default.
Martin Saenz
Non-Performing Note Exit Strategies
17 May 2018 | 33 replies
when you attempt to modify a loan, do you reach out to the party directly or do you do it through a services or lawyer?
Dave Chow
How to handle sewer line system issues
21 May 2018 | 12 replies
So now we had 2 technicians came down to check the line.
Nick Causa
FHA the MLS and making the numbers work
2 May 2018 | 2 replies
Heres a place we’re looking at now:Year 1 (us living there)Purchase price: $510kLoan: $492,1503.5% down payment: $17,8501 unit income $1700Taxes: $500/monthInsurance $190/monthDebt Service: $2552.48PMI: $479.85Maintenance: $75Management $160 (we’ll collect this)Vacancy: $80 (5%)CapEx: $100Snow/Landscaping: $100We’ll pay $2388/month to live here taking into account collecting the management fee hereYear 2 or 3.
Wes M.
Hi from Wilmington, NC!
2 May 2018 | 6 replies
I also run a side-venture providing custom property reports and due-diligence services.