Brad Fitch
Mortgage Lead Services
3 January 2019 | 5 replies
@Tim Johnson Please private message if you would like.
Jim Iren
Property Management fails to pay owner.
3 January 2019 | 7 replies
A complaint to the board will necessitate an investigation.
Mike S.
Use a home mortage to finance an LLC
10 January 2019 | 4 replies
Thanks @Ashish Acharya and @Michael Plaks for the answers.I should have been more specific in my initial post.I own my home free and clear, so the new cash out mortgage will be 100% for the LLC.Also the LLC is a multi-members, so it is not a disregarded entity.Can I make a private note to have the LLC assume the mortgage directly, even if technicaly my lender does not allow it?
Tim Emery
1st Wholesale Deal! $25k with 15 hours of work!
14 January 2019 | 14 replies
Sorry, I'll keep those private on here.
Pamela Morrison
Family Equity Investment
3 January 2019 | 0 replies
Any privately owned homes on the market were priced too high.
Pamela Morrison
Family Equity Investment
3 January 2019 | 0 replies
Any privately owned homes on the market were priced too high.
Michael Austin
Successful Partnership Strategies
4 January 2019 | 5 replies
Hope this helps.Partner 150% OwnershipSelect ProjectAgree to Price of Offer and Other Conditions Submit Offer to BrokerAgree to Rehab Plan and Schedule Prepare Funding Opportunity Document Solicit Investors for FundingCoordinate Funding for the ProjectCoordinate Documents with Attorney for Funding Coordinate with Attorney Closing Dates and Fees Coordinate with Real Estate Broker on DetailsSecure Property Insurance and have Utilities Activated Secure Bank Account to Pay BillsPayments over $500 Require Approval of Both Owners Prepare On-Line Advertising for Property Available for Rent Upon Selection of Tenant Run Criminal and Credit Check Agree to Rent Amount and Security DepositProvide Updates to our Private Investors as to Progress of Project and Coordinate with the Bank on the RefinanceRequest Appraisal as soon as PracticalProvide Personal/Business Credit to Secure Refinance Close on Refinance Within Scheduled TimeExit StrategyPartner 2 50% OwnershipSelect ProjectsAgree to Price of Offer and Other Conditions Develop Plan for RehabDevelop Construction Schedule Develop Budget for Rehab Coordinate with Outside Contractors Initiate and Complete RehabLabor will be at cost as part of Participation to Operating Agreement Agree to Terms on Funding Conditions i.e., Interest Rate etcCoordinate Permits if Applicable with Government EntitySchedule Inspections and Remedy ComplianceSecure Certificate of Occupancy or Final Inspection Approval Both Members will Agree to Pay BillsPayments over $500 Require Approval of Both Owners Coordinate Showing Property to Prospective Tenants Select Prospective Tenants and Recommend to Member Agree to Rent Amount and Security DepositClean Up Property for TenantProvide Property Management and Maintenance Provide Personal/Business Credit to Secure Financing Exit Strategy
Jordan Messick
How to buy off MLS in under 24 hours
3 January 2019 | 2 replies
Most properties imconsidering are <$150k and fit the BRRR or fix and flip mold.Yes, I am able to make cash offers with private money.
Jordan Messick
Accidental house hack - pulled HELOC - a REI was born.
3 January 2019 | 0 replies
My plan is to find private money for the purchase price of BRRR or Fix and Flips and then use my line for the upfits.