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13 October 2016 | 22 replies
I am including the few days to even get the transfer started & then its 3 weeks or so after signing the LSA/PSA, wiring funds, etc.
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6 October 2016 | 6 replies
RBC - and perhaps briefly TD - are/were the only two of the Big 5 who were underwriting 5 & 6 unit properties as residential as opposed to commercial.Additionally, RBC will lend to the point where you have five mortgages (including your personal residence), so use them early in your property acquisition plan and strategically if you find a 5 or 6 unit worth acquiring.
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6 October 2016 | 5 replies
Take advantage of everything including the webinars every Wednesday night at 7.
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9 October 2016 | 7 replies
@Joel Owens I honestly wanted to get into Commercial real estate from the start due to math being my strongest subject and understanding, but none of the commercial brokers around me wanted to sign me on as brand new licensed agent with no prior experience.
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10 October 2016 | 4 replies
Talk to him about your thoughts including the fact that you are not trying to step all over him.
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7 October 2016 | 1 reply
My broker sent me a really good deal that includes a few houses, a quadplex and 1 office building.
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8 October 2016 | 8 replies
If I set up a series LLC with my wife do I have to include the equity partners as part of that LLC or can I just have a joint venture agreement set up for each property.
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6 October 2016 | 3 replies
Including several internships, I have been working in real estate for over a year now.
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5 January 2017 | 13 replies
Maybe one could rent out the house as "all utilities included" and rent for more than market rate.What are your thoughts?
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5 December 2019 | 5 replies
Just make the terms reasonable, going back to the potential things-going-sour bit, a judge will not side with you if the terms include a 2,000% interest rate :-).On a separate BiggerPockets podcast, I vaguely recall a mortgage officer from Texas saying private investors can run up to 5 mortgages nationally without any license.Hope this helps.