Greg Hodges
STR’s In Allen or Fairview Area
27 January 2024 | 4 replies
I tried thier free demo STR reports to check first if it was worth buying the report for Phoenix.
Mack Owens
Quit Claim Deed / Finding Lender - Please Help!
27 January 2024 | 14 replies
@Mack Owens check this out “SERVICING: D1-4.1-02: Allowable Exemptions Due to the Type of Transfer (11/08/2017)This topic contains information on allowable exemptions due to the type of transfer.Unless the previous borrower requests a release of liability, the servicer must process the following exempt transactions without reviewing or approving the terms of the transfer:~ the LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).Note: The servicer must notify the borrower that a property transferred to an LLC must be transferred back to a natural person prior to any subsequent refinance application in order to meet Fannie Mae’s Selling Guide underwriting requirements.”
Anthony L Amos Jr
Solo 401k checking account?
24 January 2024 | 2 replies
Any Central Ohio bankers experienced with opening a Solo 401k checking account?
Jackie Lambert
Cute single family ready to go in Schnitzelburg!
27 January 2024 | 0 replies
They had it listed for $215K but I checked and nothing on the street had been sold for over $200K so we offered less.
Doug Dattawalker
Free credit and background checks
24 January 2024 | 1 reply
I would have them do the credit check because people can fake reports.
Park Sunghyun
How do you manage out of province properties?
28 January 2024 | 10 replies
For Alberta check out the Owl put out by ATB Financial - an Alberta credit union.
Rahnesha White
Quick claim deed- voids lender/owner title insurance?? Due on sale??
28 January 2024 | 14 replies
You should probably read through your loan documents and check with title to make sure what you can and can't do.Why transfer to LLC?
Michael Doughty
is cost segregation worth it?
27 January 2024 | 8 replies
just wondering if doing a cost segregation is worth checking into on a 300k property. also, what do they charge?
Angeline Rebottaro
Best Hot tub for STR?
27 January 2024 | 8 replies
So check around the area you are going to be doing a STR and see what the dealers have to say.
Steve Lopez
Looking to start passive income in rental properties, with $200k in 401k
29 January 2024 | 28 replies
It's not a terrible idea, but it needs serious thinking.Chat with a money pro to study your situation, do the math to check if it makes money sense.Consider other investment options like Roth IRAs, mutual funds, or even small business ventures that might offer similar benefits without the risks of owning property.