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Results (10,000+)
David Beard Private Lending for Buy & Hold
10 November 2011 | 31 replies
If you have buyers who have the funds to purchase but are looking for some leverage, then you should be able to set up a similar program that is good for everyone.Suggestion: - 30% down on purchase/renovation costs (minimum) - 8.5 - 9.5% interest rate - 15 year amThis would be a great deal for an investor who cannot qualify with a bank - a great deal for a long-term lender looking for a lace to safely park capital - and a great program for you to market to your client base looking to purchase properties from you.Just my suggestions based on what we have had success with.
Anthony Bonanno Limit of 4 transactions using a private lender?
28 October 2011 | 2 replies
Not being privy to the thought processes of your attorney, my best wild a$$ guess is that he/she is referring to a possible provision of your state's SAFE Act.
Danny R. Opinions on pre-HUD (built prior to 1976) mobile homes
28 October 2011 | 3 replies
I have not had a chance to take a look at the inside , but from what I can tell the mobile home has been well taken care of.A lease option where the tenant takes care of the maintance seem to make most sense then I guess - given the fact that the new HUD safe act makes it difficult / almost impossible to offer seller financing.
Greg P. Question about single deal partnerships?
29 October 2011 | 13 replies
Originally posted by Mark Yuschak:If he wants to finance the deal, complete the transaction with his funding, then record his interest as a mortgagor with the register of deed.If the deal is definitively a one and done deal, then I agree with Mark that using a mortgage or trust deed can be a good plan.However, with SAFE Act, you would not want to do more than four deals a year with the same investor this way.Also, using an LLC where your partnering on a single deal can be more expensive than necessary.
Aaron Norris Blog World Expo LA - November 2011
7 November 2011 | 5 replies
It's funny you bring this up because I just took a break from my plan development paper.
Elio Mariani Holding property in LLC/Corp
25 November 2011 | 27 replies
Furthermore, even after the president was told of the lead paint hazards and violations and cited by the New York City Department of Health with an Order to Abate the hazardous conditions, he still failed to maintain the apartment in a safe condition and allowed the peeling and chipping paint conditions to continue, resulting in a second Order to Abate from the New York City Department of Health 4 years later for additional lead paint violations.Does this sound like somebody maintaining their entity in a reasonable and responsible manner?
Jeff N. Permanent Flat Panel TV Mounts
5 November 2011 | 8 replies
In a few more years of tenants I'm afraid the drywall may need removed and new studs put in.I'm considering purchasing a flat panel wall mount that will fit the size and weight of most retail TV's and installing it myself and making this part of the lease that the wall mount can't be removed.This rental is in a higher end development so the concern of the tenant not having a flat panel should be slim.
Joshua Dorkin Survey: Should we Require Avatars to Participate on BP?
2 November 2011 | 24 replies
You start to develop a sense of who makes good comments and which comments you want to read.
David Beard Get these two tax books
5 January 2012 | 11 replies
They'll provide answers to 99% of any tax questions you may have, and help you to be much more effective in developing strategy with your CPA.
Marc Faulkner Mobile Website Questions
6 February 2012 | 10 replies
For mobile website development I started using jQuery mobile and I've really fallen in love.