Jerry Barnette
First House with Agent Problem
2 May 2019 | 9 replies
@Ned Carey I finally got the state auditor on the phone and she told me that the redeem period has ended and the house has been deeded to a LLC, I’m a little confused, the bank listed and sold me a house that they legally didn’t own, what options do I have now?
Mike Vu
Rent loss coverage insurance
2 March 2022 | 7 replies
The coverage I have in my landlord insurance policies are all 100% of rental income over a 12 month period, along with a $1 million liability coverage and cost to rebuild limit with 5k deductible.
Christopher Smith
1031 Rental Property Gain into Delaware Statutory Trust Vehicle
16 May 2019 | 12 replies
Specifically, were projected returns fully realized, were fees and other charges excessive, were holding periods predictable, etc?
Stacey Agustin
Thoughts on 401(k) vs Real Estate for Retirement?
26 April 2019 | 11 replies
You could contribute enough to get the match, let's say 4% from you and your employer (8% total contributions), but your 401k loses 6% one year, resulting in growth of only 2%.During a good year, maybe it grows by 16% (=8% investment gain on your 4% contribution and 4% match).Alternatively, you could keep the entire 401k account in cash (not invested in any securities) and let it grow at the matching rate, guaranteed like a CD.If you forecast out to retirement, based on what you plan to contribute, do you anticipate that your 401k will be your primary source of retirement income?
Jeffrey Schechter
Using IRA money to buy house
26 April 2019 | 2 replies
LTV will be a bit lower than you may get in a personally guaranteed loan, so be sure to speak with some lenders like North American Savings Bank or First Western Federal Savings early in your strategy planning.The IRA can then use that new liquidity to make other investments such as purchasing another property, being a hard money lender, etc.The use of debt-financing within an IRA does expose the IRA to taxation on Unrelated Debt-Financed Income (UDFI).
James Smith
Will i lose my earnest money
26 April 2019 | 6 replies
I am out of the contingency period and dropped all contingency other than appraisal.
James Smith
Will I lose my earnest money here?
25 April 2019 | 3 replies
I am out of my contingency period and have been given the notice to perform.
James Smith
Will I lose my earnest money here?
25 April 2019 | 5 replies
I am out of my contingency period and have been given the notice to perform.
Jason Lee
Syndication and Triple Net Lease
13 May 2019 | 16 replies
I recently invested in a private equity that is paying about 8% monthly distribution with a short lock up period.
Steven W.
Jumping into commercial multifamily?
4 June 2019 | 13 replies
It depends on the property and location to know what programs are available to you.You can get 30-year terms, though the fixed rate period will generally be 10-years or less.While lenders are focused on the primary source of repayment--the property cash flows--most still care about the sponsor's liquidity and net worth.