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22 March 2024 | 11 replies
I will be sure to re-run my numbers based on this information.
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20 March 2024 | 2 replies
With this method, we can be confident that our conclusions are based on thorough research and impartial analysis.
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21 March 2024 | 6 replies
Based on those answers you can decide if you want to set up a showing with them.Before we talk about streamlining showings, I want to share a hack with you during the initial screening phase.Prepare templated questions in advance to streamline the process and utilize text replacement features on your smartphone for efficiency.
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22 March 2024 | 5 replies
Your husband should review the plan documents or contact the plan administrator to understand the specific rules that apply to his 401(k) plan.Loan Limits: 401(k) loans are usually subject to certain limits, such as a maximum loan amount based on a percentage of the account balance or a set dollar amount.
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22 March 2024 | 8 replies
I'm considering going to the bank and being completely transparent to ask for an increase in the rehab loan, but they have a much more conservative ARV in their appraisal based on much lower projected rents ($1,400 avg vs the $2,000 avg we're actually getting on the finished units), so I'd have to convince them of the higher ARV.
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21 March 2024 | 12 replies
@Brittany RogersonYes, you would want to work with a fee based or fee only financial/wealth advisor both have advantages over a traditional advisor.
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22 March 2024 | 23 replies
Not that the intent is back out, but one thing I'm trying to do is gaining a solid understanding of no-risk EMD (as long as deal is closed within a certain timeframe), - how to explain the risk reversal to the seller - and also the buyer.I would be most thankful for the help and if you wanna join my network of MD/DC/VA based REI let me know.
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20 March 2024 | 6 replies
idk, i feel like there are necessary details missing here. but i'm also wondering if it would make sense to just reallocate the percentages based on what each person is bringing to the table. it would've been easier if you did have an LLC whose operating agreement you could just change. there's also the 'lazy' 1031 or 'reverse' 1031 where you just make the sale, then strategize with your cpa on how to offset the cap gains for that year. also worth noting: 1/3 of something is better than all of nothing. it sounds like it's not really that partnerships aren't working, it's moreso that you feel like your % is no longer fair?
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22 March 2024 | 9 replies
On a DSCR loan, everything is based on the cash flow on paper.
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22 March 2024 | 5 replies
This will lead to buyers with less representation, and irresponsible offers without the guidance of a buyer agent I can see agreed-upon prices exceeding the compatible sales and deals that have appraisal issues, and/or buyers who agree to terms they would not agree to if they had representation.Other buyers will shop for representation based on price.