Rahnesha White
Quick claim deed- voids lender/owner title insurance?? Due on sale??
28 January 2024 | 14 replies
Just call your lender or Title Company and explain what you want to do and they will verify it.
Artem Kovalevskiy
Anyone with Section 8 experience in Pittsburgh area?
28 January 2024 | 12 replies
For all properties you need to get a good management company.
Shane Woolsey
Investor payout problem
28 January 2024 | 5 replies
You increase the share amount to 40 shares and buy it so now you own 20 of the 40 sharesThus you own 50% of the company and would get 50% of profits.
Mikquon Turner
Advice for Group Home Looking for Rental Lease in Houston Area
28 January 2024 | 4 replies
Greetings,We are wondering if anyone in the Greater Houston area knows of rental property opportunities for a company that is attempting to begin a residential assisted living home?
Omayra C.
Direct Mail Service companies?
25 January 2024 | 3 replies
Hello,I am looking for a direct mail service company that will print postcards with a handwritten font.
Anthony Parker
Looking into 1st Flip - Middle Tennessee
29 January 2024 | 13 replies
Clarksville is where our property management company is based!
Zachary Stanley
Do some people just have "it". Whatever "it" is...
29 January 2024 | 29 replies
I know so many people that have good trait that whenever they created a company they always bought , seen someone like 5 times in a row.
Tony Pellettieri
Scaling Strategy using BRRRR/DSCR/HML - Please Advise
28 January 2024 | 3 replies
After repairs are complete, get a renter in ASAP using a property management company/Cash flow positive, obtain DSCR Loan for $100,000 - 105,000, repay original HML, Net additional cash of $23,800 on each property and repeat the process.With the capital we currently have, I believe we can put 1 similar property under contract each week, close in 2 weeks, Refi 8 weeks after closing/rehab/renting and repeat the process.
Asia Levystone
Introducing myself- South FL Realtor / Investor
28 January 2024 | 2 replies
He has won awards for his company as well as being recognized by Forbes.I will look you up on Linkden and FB - it's always nice to connect with fellow investors.
Logan Turner
Can I personally purchase a house from my LLC
28 January 2024 | 40 replies
In this specific example the borrower had 8 financed properties so he could not do a conventional cash out with fannie mae but a purchase from his scorporation is in "essence," a work around for a cash out since it returns funds to the scorporation and my borrower owned the company 100%.However, on a LLC its different since LLC's are typically taxed as flow through entities going down to your Schedule E on your tax returns.When I've asked my underwriters about the LLC purchase similar to the Scorporation above they typically state it would be considered a refinance and limited to rate term refinance or if we transfer it to your personal name we'd need to wait 6 full months.However, I have yet to try to purchase from a LLC that files tax as a 1120S or sub chapter S which Im currently waiting to guinea pig this concept to see if it works.