Shane H.
Any experienced Commercial Bankers/Commercial Borrowers - Life Insurance?
12 August 2015 | 3 replies
However given the correlation to commercial RE thought here was best.I've noticed on some of the financial products I've been pursuing/commercial loan apps, and personal financial statements, all of them have asked about life insurance.For any in the commercial lending realm or those who have filled out more commercial lending applications/financial statements than they care to remember, do you feel or know if the life insurance section carries much weight on your application/ability to obtain the loan?
Karl Kyler
Deceased Owner: Who do I contact? Who owns the property now?
11 August 2015 | 1 reply
If the record owner is deceased, absent a secured creditor gaining title via foreclosure, you'll need to find someone with standing to legally be able to pass marketable title to you.Determine PETIO:PropertyEquityTitleInterestsOpportunity.Check death certificate, obits, neighbors for leads re: relatives, social media, and obviously name search the decedent online.
M Marie M.
DCRA's PIVS- good for property info
1 October 2015 | 6 replies
Senior Citizen tax benefits hint that the owner might be dead so I also check the Social Security Death Index (Ancestry.com, subscriber service).CAMA.
Lucas B.
Commercial location with apartment above business office- good idea for newbie?
12 August 2015 | 4 replies
Commercial space usually takes longer to rent so you should definitely weight that into your decision.
Jeremy D.
Purchasing First Property in Upstate NY
12 September 2015 | 16 replies
With LLCs, earnings typically 'passes through' to the owner of the LLC and you then pay taxes just as you would individually.If you plan on long term real estate investing, the duration or life of the LLC may become an issue in securing certain types of financing – especially under the name of the business entity.
Issac Cardona
Heirs or devisees of a deceased property owner?
12 August 2015 | 1 reply
you first need to determine if there enough equity to warrant all the effort.I suggest secured debt < 50% LTVHere's my format:PropertyEquityTitleInterest(s)OpportunityNo one dies without any heirs.
Kevin Elliott
Investor from Geogia (Working in SC)
26 August 2015 | 7 replies
There were some strong lessons learn from those experiences like cash reserves, due diligence and property management.Wife and I are interesting in getting back into real estate investing with goals of long-term cash flow to secure a good retirement in 10 years.
John Weathers
New member from Long Beach CA
30 August 2015 | 8 replies
She now has a pretty secure, well paying job but she also wants something more.
Steve Pugh
Hi, I am new member from Texas!
12 September 2015 | 9 replies
I am fifty years old and I need to secure my retirement.