Franklin Barnes
***First Timer, need help on closing cost***
9 December 2020 | 2 replies
Freddie Mac considers the following to be interested party contributions:Funds from the Seller, originating lender, an employer, a municipality, a non-profit organization and a Related Person, are subject to the interested party contributions requirements if the contributing party is affiliated with any of the interested parties as stated in the paragraph above, except as stated below for gifts from a Related Person and lender credit.Funds from an interested party that flow through a third-party organization or a non-profit agency to the BorrowerFunds from an interested party, including a third-party organization or a non-profit agency, used to pay costs associated with the Mortgage transaction on the Borrower's behalfFunds that are donated to a third party, which in turn provides the funds to pay some or all of the Borrower's Closing CostsSo it doesn't sound like it should be a problem.
Thomas Mosely
BRRRR course question
16 December 2020 | 46 replies
For instance Cash flow is the ONLY thing appreciation is gambling.. that's crazy talk its not that cut and dry.. appreciation either organic or forced is how the millions are made in real estate its not made at 100 to 200 a month.. its made by the values going up..
Arshad Hussain
Dialysis Centre NNN lease
11 January 2021 | 3 replies
I am in process of hiring a lawyer to review the lease but i think no matter how strong or favorable a lease is, the tenant has option of declaring the bankruptcy and restructure their organization (this is just my opinion).
Jessie Keating
How to interview REI accountant??
23 December 2020 | 9 replies
While seasoned investors might need bookkeeping assistance or Quickbooks coaching to get organized while they scale.
Pragati Soni
Up and coming areas near Atlanta
28 December 2020 | 9 replies
I am aware that Cumming is an area that has grown in terms of population in previous years and will continue to grow but given the current environment prices are high and inventory is going by fast.
Lucien Perreault
North Chicago to Kenosha, WI area
14 December 2020 | 6 replies
As it has grown, vacancy rates have dropped, employment has been on the rise and rentals have been doing very well.
Randy Bates
Being a Landlord with the pandemic
16 December 2020 | 45 replies
Most people forget about local churches, homeless shelters, mental health organizations, addiction treatment organizations, Dodd organizations, community action organizations, etc. you can use these groups for various reasons like if a tenant is struggling with rent, we have had church partners step in a pay rent.
William Collins
New Britain, Connecticut are the deals gone?
28 December 2020 | 3 replies
This town, which is made of mostly rental properties has grown so much in appreciation (imagine saying that 10 years ago) that the cash on cash return is just not there.
Brandon Pope
Legal and Tax Advice in Denver Area
5 January 2021 | 9 replies
James is absolutely correct - actually filing Articles of Organization with the Colorado Secretary of State to set up a new LLC is super easy.
Scott Benton
Mortgage Hacking: Why I Paid My Mortgage Six Months in Advance
16 December 2020 | 75 replies
I have grown up since then.Six months is a lot of prepaid interest.