19 January 2022 | 13 replies
Hi All,Having reached the 10 property limit for FNMA loans, if I refinance four of those properties with a commercial lender taking title under under a newly formed LLC, am I still able to use the positive cashflow of these properties as qualifying income, that is, if I go buy additional four under the conventional underwriting?
13 January 2022 | 7 replies
Most real estate loans will take 30-45 days to close as the banks need to order title work and an appraisal to determine that you actually own or will own the property and to determine that the value of the property is there which is being used as their collateral.
10 January 2022 | 1 reply
Every Monday I will be highlighting a deal I was apart of either as an investor or agent highlighting a different investment strategy and how it was executed in the local market.This past spring I was a buyer agent on a 2-family house hack deal in Southington, Connecticut.Property details:- 2- family side-by-side duplex- Each unit identical 2-bed/1-bath layouts- Natural gas heat- Each unit has own driveway- Solid B+ neighborhood- Very desirable area to rent and own What made you interested in investing in this type of deal?
11 January 2022 | 2 replies
I am Curious what title companies are wholesaler friendly in El Paso, Knoxville/Nashville, Aurora CO.Thank you in advance
10 January 2022 | 2 replies
Looking for a few referrals for insurance coverage on a few multi family units (6 unit) titled in an LLC in Nebraska.
10 January 2022 | 3 replies
We could provide our current primary residence to either our son or someone else willing to live near and keep an eye on us. (2) As an STR, the ADU could provide me with something to do during retirement, especially the first year when I was finding a new identity.
10 January 2022 | 0 replies
This property was very straight forward, no issues in closing, no title problems, how I wish every deal of mine would go haha.
11 January 2022 | 1 reply
I have read that some investors purchase in their personal names and then move the property title into an LLC but also that this could cause issues.I imagine that I am not the only person who has dealt with this issue before so I am wondering if anyone has advice or resources they can point me to on how to best structure a deal where one partner will be providing the down payment and closing costs and the other will be obtaining the mortgage and managing the property.Thanks in advance.Dave
16 January 2022 | 38 replies
The title is supposed to read an appraisal/appraiser.Hey everybody, have you ever bought a property, ran the numbers, and figured out what your cash on cash return should be, or what your profit should be on a flip?
13 January 2022 | 3 replies
Closing costs happen at a point in time when a property title exchanges hands.