Jonathan Farber
What is the refi seasoning period if you buy cash and refi :)
17 June 2021 | 22 replies
Private lenders offer no seasoning periods.
Santiago Coppoletta
Buying an investment property which you won't see
6 February 2020 | 3 replies
Here’s why:1) Risk Reduction - for a typically small cost in terms of time and money you can gain a ton of context about an area and the surrounding areas that will help you to reduce the risk of getting into a poor investment2) Relationships - you can leverage your time there to meet with local market participants like property managers, brokers, other investors, contractors, potential tenants etc.3) Business expenses - you should be able to deduct the cost of the trip as a business expense4) Context / Perspective - you simply get better context and perspective by being there is personI don’t mean to say that you can’t do OK by investing remotely but I am 100% certain that you will get outsized benefits from visiting your assets periodically and definitely initially.When I invest in multifamily deals I always visit the area, the comps and the asset itself, this takes time but because we buy 100’s of units at a time it is an efficient use of time.I’d also be wary of anyone who isn’t personally invested in a deal alongside you telling you that you don’t need to visit, particularly if they get compensated by you making a transaction.Investing out of state allows us to find the best returns but don’t be mistaken into thinking that you shouldn’t plan on spending time in your target market.
DuBois Othero Toy
How do I convince my landlord to let me sublet ?
23 February 2020 | 14 replies
Do not airbnb a property without your landlord's consent period.
Brooks Johnson
Realtor's Banning Pocket Listings
6 February 2020 | 15 replies
Pretty flagrantly, too.If a Realtor has a marketing strategy of having an exclusive period on another platform to collect bids, so it hits the main MLS hot and already bid up (or whatever, the exact strategy is irrelevant), they should be allowed to.There should be a competitive marketplace for the good or service in question, no one should be forced to use just one good or service.
Nathan Mount
FHA Financing question
5 February 2020 | 2 replies
For example broad discretion is allowed when a new parent takes p/maternity leave, provided that the period "before" the leave more or less supports what the new parents are asserting their "after" parental leave is, or will be.Contrast that with "oh I just didn't feel like working, no particular reason."
Cory Pennington
Help...Do I refi my cash flowing rental?
6 February 2020 | 6 replies
Then in 3 months I pull out $20k, flip a house and pay the $20k back in....how is that interest calculated and paid.I guess I don't fully grasp the whole "pull" period and payback periods.
Jonathan Fraundor
How to get around depreciation tax when selling rental property
6 February 2020 | 8 replies
Depreciation invariably creates a 200 to 300 basis point advantage in during the first 1-3 years and a fairly even result on all pertinent financial metrics after holding period of 5 or more years.
Beth Doris
How does this deal look, my first commercial loan
6 February 2020 | 1 reply
The building would have periods of tenant turn-over.When we wanted to take our apartments off the AirBnb platform, I marketed the units as furnished rentals and got no where.
Ryan Steiner
First flip long distance - thoughts?
15 February 2020 | 18 replies
I would think it would be 15-20 an hour in 2 hours periods.
Dontrea Riser
How many grace period days do you give tenants after the first?
9 February 2020 | 43 replies
Should tenants get a grace period?