Adam Walter
Buying first land contract through Paperstac
5 December 2022 | 24 replies
The entire purpose of a land contract is that if the buyer/borrower defaults, no formal foreclosure proceedings are needed.
Mark Forest
Property manager programs
11 September 2008 | 5 replies
You can run each company as a separate checkbook or consolidate all the companies as one for tax purposes (in case some ownership entities are LLC's, corporations, etc. requiring separate tax returns).
Daniel Hart
Can I get financing with this scenario?
15 February 2009 | 7 replies
Loan Purpose: Cash out refinance on investment propertyLoan Amount: $50,000LTV: 60-70%Credit: 760+Assets: Greater than loan amount requestedIncome: NONE Does anyone know a lender that will do a stated income loan without asking for tax returns?
Eric NA
50%/2% rule
10 February 2009 | 3 replies
However, if you're planning to operate a rental property business for the purpose of generating income, then you need to use the 50% expense figure and build in positive cash flow.
K B
Criminal Background Checks in CA for Renters
11 January 2008 | 4 replies
AFAIK, anyone can obtain basic info on anyone for any purpose from any court in the land.
Shawn Regnier
Any rules on CORP name for Real Estate agents?
18 December 2018 | 7 replies
I still have not reached out to brokers about hanging my license, but to be honest, I prefer to hang it with an online broker because I am doing this for investment purposes.
Vincent Pirrone
Using Basement as Separate Apartment?
27 December 2018 | 14 replies
Hi Vincent,I gutted and remodeled my basement for rental purposes in 2017.
Yong Park
Any advice on starting an LLC in Nevada?
18 December 2018 | 7 replies
But I will still need a registered agent, as my accountant has told me to keep the business out of california for tax purposes.