Rafael Larios
Split a lot in California
28 February 2018 | 4 replies
If so you may have to get creative with obtaining lender approval for the lot split or obtain some new short term financing.
David Edwards
Splits and ROI when using OPM
9 March 2018 | 8 replies
The sponsor received: - An Acquisition fee (1% of purchase price)- An asset management fee (2% of gross collected rents), - Cash flow and gain on sale was split 80/20, respectively between investors and sponsors.
Brian Gunning
100 Unit Self Storage Facility Purchased - Looking For Guidance
5 March 2018 | 12 replies
@Brian Gunning, Congrats on entering the asset class!
Jordan Bemboom
Wholesaling Advice Needed
1 March 2018 | 4 replies
Time is our most valuable asset, not money.
Matt R.
Financing for my second rental property
4 April 2018 | 4 replies
Matt - thanks for the post I would recommend getting an owner occupied purchase loan for the new property you plan to buy ...this will allow you to get best rates available I would also recommend doing a " cash out " refinance on the free and clear rental in order to obtain a larger amount of cash / working capital for your projected plans ......ideally a heloc program would be best to set up but most lenders / banks wont allow a heloc on a rental property so you would likely need to use a straight 30 yr fixed loan ..adjust the loan amt so that the cash flow you end up with is acceptable for you
Noah Norton
Should I go to a University in a location I want to be long term?
2 March 2018 | 9 replies
And do not take that on in any form that attaches any asset except the asset you are borrowing for. 5.
Terri Parrilla
Licensure Expenses under LLC
1 March 2018 | 0 replies
Before I begin, I will obtain an agent's license.
Neil S.
managing 40-60 units out of state
3 March 2018 | 9 replies
However if the units are located in a bad neighborhood you will either net less money and/or have more work managing the asset and the tenant base.
Elizabeth R.
Markets to consider in 2018
1 March 2018 | 3 replies
Things I have done:I'm researching possible areas to invest in, I have looked into opening an LLC where I plan to invest, open a business account and obtain credit that way but that takes time to build your business score, another option I can go with is use my credit cards to get a deal or ask family and friends to invest with me.
Shiv Jey
Community Property issues and questions
5 March 2018 | 0 replies
She's supported my real estate efforts but doesn't want to be exposed to risk personally.How can I purchase properties in my name and assets alone and god forbid if I get sued keep her protected?