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1 June 2024 | 7 replies
We literally just got through the 6 month hurdle to get it into the LLC; now we are told it has to be a second home mortgage and back in my name to pull equity.Current loan is 237K owed; 450K+ apraisal value Yes - absolutely no issue getting a DSCR Loan Refi with an LLC, its actually typically preferred!
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1 June 2024 | 1 reply
The kitchen offers sleek stainless steel appliances, a spacious kitchen island complete with seating, a large pantry, and an adjacent dining area that provides plenty of space for entertaining.
1 June 2024 | 4 replies
Quote from @Suzanna Piowaty: No, there's typically no provision in the law that requires them to give notice.
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1 June 2024 | 5 replies
Connecting with someone knowledgeable like you would be an invaluable opportunity for me to expand my understanding of the market and gain some valuable insights.Your expertise and advice are highly respected, and I genuinely appreciate any assistance you can offer.
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1 June 2024 | 1 reply
You are looking at this strictly through the lens of cash flow, which is typically the smallest compared to appreciation and principal pay down.
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4 June 2024 | 10 replies
Hey mate,Sorry to hear about your troubles.I've been offering "true" turnkey properties for 10+ years now and have many scars to prove it.There has been and still is a huge stigma surrounding the industry and rightly so.The very best rated in the industry sometimes get blasted on the forum.Like with any business that has stood the test of time, we have had our fair share of successes and failures.We have done very well for many investors and could have performed better for others.Many times, we are to blame and other times it was the investors fault IMO.One thing I have always claimed is that we don't steal, cheat or lie and my team and myself work very hard and always make decisions with investors best interest at heart.Personally, I believe that folks that work hard and do their best shouldn't be crucified for an honest mistake when it happens.But, I guess others aren't as reasonable when it comes to such situations and I don't judge them for it.I take the punch on the chin and still continue doing my best.Over the years, I have made millions and lost millions but only blame myself when I loose.Not others.Also, I've always preached to start slow and only use cash which has cost my business 90% in sales volume.I just don't believe that investors should use leverage when first starting to build their portfolio.Reverse engineer and base all real estate, business and even life decisions from a risk analysis worst case scenario standpoint.If you believe that you can absorb a worst case scenario outcome, then pursue the opportunity.Build a strong foundation with cash owned properties and gain experience first."
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2 June 2024 | 13 replies
My Crypto.com debit card offers 8% back on all purchases, which can easily add up to very, very large sums of money.
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1 June 2024 | 8 replies
all lenders offer vacation homes. vacation homes are not for renting though.
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31 May 2024 | 11 replies
Also, 30-day notices are typically legally required to cover the regular term of the corresponding contract.
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3 June 2024 | 9 replies
No other state can offer the appreciation AND increase in rents like California.