Chidera Ezeigwe
Seller financing on undeveloped land
12 September 2024 | 2 replies
Will I be able to do this while still under financing?
Aaron Lynn Brown
A clear summary of my talents and abilities
3 September 2024 | 0 replies
I used to mow her lawn and shovel her side walks.
Neera Melwani
Insurance Coverage Issues w/ LLCs
11 September 2024 | 6 replies
It seems like it's something people do on the regular, and the lender doesn't usually trigger the due on sale clause.
Joshua McGowan
Listing Pages, do they work?
4 September 2024 | 0 replies
Hi all, I recently began considering creating small listing pages that can be accessed by scanning the QR code on the sign outside of inventory. I made this page a couple of days ago and would like to get some feedbac...
Nicholas LaGatta
Non-conforming multi-family in R4, zoning/permitting nightmare!
11 September 2024 | 20 replies
The future owner would like to do the work themselves or with an unlicensed (and very affordable) contractor, but to get a permit they need a licensed contractor.
Walchli Donna
HELOCs - Calculator tool, Relinquished Debt with 1031
12 September 2024 | 1 reply
I'd like to sell my CO property and do a 1031 Exchange for a local FL property but I've been cautioned by members in the local investment clubs about potential Relinquished Debt consequences.
Jennifer T.
Do you always try to cash out the max LTV?
4 September 2024 | 7 replies
Property ARV: $450kTotal in: $350kMonthly rent: $4000Monthly taxes & insurance: $530[Loan 1] (via broker)75% LTV1.5% origination fee ($5062)Other fees: $1595 underwriting + $1295 processing (=$2890)Interest rate (floating): 7.25%5 years PPPMonthly P&I: $2,278Rent - PITI = $1,192***If appraisal comes back high enough, may be possible to do 80% LTV at 7.99%[Loan 2] (direct lender)70% LTVNO origination feeOther fees: $1,395 underwriting + $695 processing (=$2090)Interest rate (will not change): 7.375% 5 years PPPMonthly P&I: $2,152Rent - PITI = $1318---------------------------I really like how there's no origination fee with lender #2 so I get to keep more of the money I pull out.
Ben Oestrike
HML for Sheriff's Sale
11 September 2024 | 8 replies
I would lend on a property after the deed has been issued and the borrower has had a chance to walk the property and assess value and potential and I've had a chance to assess the deal.If you find a professional lender willing to do this, let me know.
Zhenyang Jin
Registration LLC: Whether DBA is needed for multifamily
12 September 2024 | 4 replies
@Zhenyang JinWhy do you need a dba?