Jessica Carcamo
Investing $55K need help getting started!
30 April 2024 | 43 replies
I believe that this strategy not only offers lucrative short-term gains but also provides valuable experience in the real estate market.Additionally, I am enthusiastic about acquiring rental properties as part of a portfolio.
Dawn Peterson
Transfer LLC from NJ to FL
29 April 2024 | 2 replies
The only consideration may be that you’ll still need a registered agent for service of process in NJ.
Adrian Jones
How to refi cash out when you are an investor with limited income on paper?
1 May 2024 | 7 replies
The additional advantage to a DSCR loan is that they do not impact your DTI and you can keep them inside of an entity to help provide an additional layer of liability coverage if you would likeEntities would also allow you to be flexible in your ownership structure, if you need to add someone like a credit partner to help get better terms.Just shot you a DM, would love to see how we can help.
Rudy Schmidt
# of guests in STR Listing-Gatlinburg
30 April 2024 | 7 replies
Make sure you have all your amenities lists no matter how trivial you might think they are.Call out cool stuff you provide.
Richard Mai
Exploring Co-Ownership of Property: Seeking Advice and Insights
29 April 2024 | 4 replies
That's where services like Nestment or other co-buying platforms come in: they act as an unbiased partner that says "this is what you should think about when buying a home with someone else", and help you set up an LLC, etc.
Yadira Valera
My mortgages to an LLC?
29 April 2024 | 5 replies
You have to talk with your mortgage providers to see if they are allowing you to move them to an LLC.In rental is good to have an LLC for liability however for taxes there isn't a big difference in small investments.Your credit report won't show the mortgage anymore but you still have the liability in your history.
Andrew Harrill
Citizens Energy - Navigating a $60k Drainage Dilemma: Permits, Pipes, and Public Road
28 April 2024 | 13 replies
Moreover, it turns out our drain connects to the main sewer line six houses away, on another street, at the end of the block.The only solution provided by Citizens Energy is to reroute our connection to a lateral drain across the street.
Mike Schorah
Is your listing process a 2 step approach or a 1 step approach?
30 April 2024 | 1 reply
In these cases, I typically close on the first appointment provided the seller is ready to hit the market and we've agreed on terms.Urgency:- If a seller is ready to sell asap and NEEDS to liquidate the asset I would go for the close then and there as long as we're on the same page regarding pricing, commission and other terms.- If a seller has a flexible timeline or is 'not in a rush', I play it by ear & I play it cool...
Barbara Berta
Seller not signing the release of EMD
29 April 2024 | 32 replies
Hi Everyone, I was under contract for a property but I didn't qualify for financing because the lender that provided the preapproval changed its financing source while I was looking for properties for a couple of weeks and as of now, they do not provide loans for foreign nationals anymore.
Michael Calvey
What is the one thing you hate doing within your REI business?
29 April 2024 | 29 replies
Staying sharp with courses or classes not only helps you stay out of trouble but also shows you’re serious about being fair.Ask the Experts: When you're not sure what to do, talking to a lawyer who knows about real estate can really help calm your nerves and make sure you're doing everything right.Use Smart Tools: Think about using a service that checks tenants for you.