Nolan Madden
Landlord Breaking Lease and Buying Me Out Before Occupying
18 April 2024 | 2 replies
I have signed a lease and transferred payment of 1st month's rent and security deposit to the landlord.
Account Closed
What would you today with $1,000,000?
18 April 2024 | 41 replies
Find a financially secure bank.
Mike Costello
STR Cabin #2 (Sept-2023)
16 April 2024 | 1 reply
10% second home loan though Northpointe Bank - Jeff Chisum & team.
Brian Kempler
30 year contract for deeds illegal in Texas?
19 April 2024 | 9 replies
Contract for Deed | Texas Law HelpReason I ask is a contract for deed is a type of seller financing that the owner maintains title to the property until the loan is paid off.
Jarrett Fogelman
What’s your views on getting Solar Panels?
18 April 2024 | 27 replies
However after running the cost it would be a 25yr loan of $33,000 at 5.99% and the monthly payment would be $150.
Rory S.
Buildium for Accounting
17 April 2024 | 5 replies
Here are some of the highlights: quickly set up bank accounts for each property and sub-accounts under those for things like security deposits and CapEx; virtual credit cards tied to each property; quick transfer of funds; ability to send money back and forth to tenants (some platforms are for collection only but won't let you send your refundable deposits back to your tenants); easily categorize every transaction into IRS Schedule E categories for reporting taxes; ability to split transactions; tenant management from vetting to drafting lease agreements to collecting rent.
Noah Condon
Starting a House Flipping Business
19 April 2024 | 16 replies
Moving forward I plan on doing 2-3 flips per year which will be will be Cash deals with no loan.
Mike Day
HELOC on non-warrantable condo
18 April 2024 | 8 replies
If an investment property, there non-warrantable DSCR loan options.Some details:Loans available for purchase, rate and term refinance (no cash out) and cash-out refinanceCredits score down to 620LTV are up to 75% for purchase and 70% for cash out.Rate buydown feature available.DSCR (lower of gross rent lease or Form 1007/216 rent divided by PITIA) as low as 1.0x.For experienced investors (one year of investor experience and own home), short term rentals can be structured off of 12 month short term rental history with 20% expense factor.
Steve Saenz
Private lending documentation advice
18 April 2024 | 8 replies
Whenever you apply for a loan, the credit reporting agencies will give your information out to solicitors.
Collin Hays
Lawsuit Part II: Negligence versus gross negligence
18 April 2024 | 16 replies
Were the railings solid and secure?