Maxwell Lee
Short Term Rental questions
12 December 2017 | 23 replies
Therefore if someone books one of the single rooms it blocks the dates on the fulls space while keeping the other single rooms open.
Walter Hodgson
GroundFloor - Equity Ownwership Offer
3 May 2019 | 17 replies
Your investments in Limited Recourse Obligations (LROs) would be subject to a resolution process as any other obligation on our balance sheet.
Adam Taveras
How to go about purchasing a home with a $150K IRS Lien?
28 November 2017 | 6 replies
If the lien is old enough that could certainly change the way you approach things... in these parts that lien would expire 10 years and 1 day from last record date, and if not re-filed you would be in the clear.
Susan K.
Using Western Union for a wire transfer
3 December 2017 | 3 replies
Most have a daily limit of $500 or so.On the receiving side, the biggest challenge you'll have - depending on the amount of money involved - is finding an agency that has sufficient cash on hand to pay it out.
Julia Amelyan
Attorney Recommendations Needed for Property Code Issues
27 November 2017 | 0 replies
I had violations issues, worked on them, called inspector to try to extend the due dates, and never hear back from him, until I received a summons to court.
Ashley Pohlman
Fix and Flip or Multifamily for Newbie?
28 November 2017 | 1 reply
It is one of the largest and highest priced homes in Northfield, so the buying pool is pretty limited.
Eric Matuszewski
Newbie looking to start in Milwaukee WI with Multi-family rentals
1 December 2017 | 25 replies
Here is something a guy named @Andrew Postell put together and I say is well put together:If you buy a property with cash (or with a HELOC) you can receive a cash out loan on Day 1.There is not a 6 month waiting period with receiving a cash out loan if you purchased a home with cash or with a HELOCBUT you will be limited to the amount of….Your purchase price + closing costs (costs when you purchased the home)OR75% of the “After Repair Value”…WHICHEVER IS THE LOWER AMOUNT (super important)These rules are important to understand so here are two examples:Example 1: If you purchased a home with $50k of cash, and put $30k of renovations into the loan, and the home was worth $100k. 75% is $75k and $50k is your purchase price.
Rudy Bello
Multi-family financing and requirements
1 December 2017 | 19 replies
@Rudy Bello for sake of arguments here let's limit our discussion to 2-4 unit properties.
Greg Deane
Are there concerns Buying a condo?
21 March 2018 | 8 replies
I have seen some where you can’t have any unrelated individuals rent, can only rent out once a year, can’t have Commercial vehicles, limit the number of rentals or they only give out so many “rental certificates “, high app fees for them to approve, the list goes on and on.... perform your due diligence
Chris Drumm
Flooring in my first flip
10 December 2017 | 15 replies
You might consider shopping around before just buying from your employer as, from the limited info provided here, your prices still sound a bit high to me.