Mark Hove
Buying investment property with partner and without LLC
19 April 2018 | 0 replies
Obviously it is preferred to have it in a LLC but a typical residential conventional loan will not allow an LLC to be on loan documents and sign at closing, correct?
Megan Silver
Cash Flow vs. Cap Rate
19 April 2018 | 2 replies
My typical lender sent over these refinancing requirements, and I'm not sure they are typical:1.You must have 6 months in reserves for the subject property and an additional 2 months reserves for every other property you own.2.You can have a total of 6 properties financed.3.On a refinance the loan-to-value must be below 75%.4.There is a minimum loan amount of $50,000.Let me know if I'm way off base or seem to be missing something.
Robere Istatia
Note Servicing Questions
20 April 2018 | 6 replies
The quality of that service is typically fair to horrible.
Nicole Leand
One tenant damaged other tenant's property while shoveling HELP!
20 April 2018 | 12 replies
Typically this should stay between the tenants and their car/renters insurance but... because the tenant is shoveling on your behalf you could also be liable.
Mohammad Mahir Khan
Difference between CCROI and ROI and how to use them
20 April 2018 | 2 replies
Regular ROI typically also leaves appreciation out of the equation until you sell the property.
Andrew Merritt
Tenant Died, Not Sure What to Do Next
24 April 2018 | 17 replies
My state doesn't require it but I will typically mention it anyway because there's a very good chance the new tenant will find out from the neighbors.
Calvin Lipscomb
Baltimore Tax Sale Information
21 May 2018 | 2 replies
Typically interest is bid down to below 8% in Baltimore County.
Paige Bae
Looking for refinancing options
21 April 2018 | 3 replies
My lender explained that they are unable to refi since I’m currently unemployed.
Ryan Carter
Is a Commercial Brrrr possible?
22 April 2018 | 5 replies
But in many cases you can find the key value adds (higher vacancy, under market rents) in commercial and your returns can be higher, but deals will typically be bigger $750k-$5mm.