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Results (10,000+)
Rahnesha White Quick claim deed- voids lender/owner title insurance?? Due on sale??
28 January 2024 | 14 replies
First American Title Insurance Company, 2020 Where transfer to LLC was voided based on clause in policy.
Spencer Cuello Fix and Flip Deal Analysis
27 January 2024 | 3 replies
RoR is the more important metric though which take into account your holding time  Rate of Return(RoR) - I prefer to invest in deals with 100%+Rehab Costs / Profit - 2 is good, 1 is great, less than 1 PhenomenalCost/SqFt of Rehab - helps you determined minimum Profit MarginProfit Margin - Base 10%, then add 1% per $5/sqft in rehab costsI would recommend reading/listing to the following books.
Diane Chapman Newbie Glad To Be Here
27 January 2024 | 3 replies
Easy to get into  2-4 unit multifamily with lower down payments, use of 75% of other units rents to qualify, can be purchased as primary with 3.5%-5% for primary and 15% for investment versus Storage facility which carry a higher down payment, tougher underwriting, DSCR requirements, percentage of units rented ratio requirement, previous years financials, Each bank/lender has specific overlays and may require more based on commercial financing.Some banks and lenders also require landlord experience when it comes to storage facility or commercial loans in general- Not all but some so good to ask up front.
Levi Cartwright 18 years old looking to buy first property
28 January 2024 | 19 replies
At your age if you start this way and save a majority of your income, you will set yourself up to continue to invest and build up a base of properties very quickly.
Morgan Roddy Using a Construction Loan to Build New Garage with ADU on Top
25 January 2024 | 13 replies
There are some new companies out there called "Tiny home" you can pretty much call them and they deliver the home to your property and do whatever install is needed.This can save you a large amount of cash based on new construction and also reduce the timeframe from start to finish.
Ian McDonald Buy & hold investor- new to Charlotte!
25 January 2024 | 6 replies
I am a huge Chicago fan, so if want to connect I am always open. 
Terri B. Uncapping Property Taxes
26 January 2024 | 10 replies
This was done to protect senior citizens on fixed incomes from being forced to sell their homes due to unaffordable property tax increases.Since the passing of this amendment, all properties in Michigan have two property tax values associated with them:State Equalized Value (SEV): supposedly equal to 50% of the market value of a property, not based on recent sales price.Taxable Value: the SEV annually capped as long as there is not a transfer of ownership.City Assessors are charged with determining how much property values have changed each year.
Kate Purse ISO Commercial Insurance
25 January 2024 | 8 replies
I'm a big fan of Watkins Insurance. 
Emma Redfern Loans for multiple properties
26 January 2024 | 2 replies
I’m also curious what lenders would offer me for percentage on the down payments, I put 5% down on my current Hi Emma, If you put 5% down, it sounds to me that you bought your primary residence. the minimum down payment on investment properties is 15-20% down.DSCR financing does not require personal income or personal debt to qualify, rather you will qualify based on credit, experience, reserves, and the debt coverage ratio.
Blane Koenig How to Record Owner Financed Sold Property
26 January 2024 | 5 replies
Based on that document is why I believe this to be true.