Edgar Butler Jr
Alternative options for seller, to close the deal!
13 October 2018 | 12 replies
@Carter Crowley Thanks for the additional info!
Greg Gaudet
Can I make the tenant pay the $150 court fee to file eviction?
10 October 2018 | 3 replies
It seems to me that the tenant should reimburse the landlord for the $150 fee that the court charges (in Maui, at least) to file the eviction suit and probably any additional court costs and lawyers fees as well.. but I haven't been able to confirm this.
Sean Kollee
refinance options - what to choose.
9 October 2018 | 0 replies
Another option is to go interest only from a private source at 7%, same 1M loan on the asset, highly flexible and no additional fees as we have already got the construction loan in place on title.Currently leaning toward the private option, it could, based on flexibility, allow me to improve my balance sheet and down the road approaching other lenders to get more of a residential type product given the property has 3 titles, rather than pursuing a blanket type loan through the commercial office.Downsides of the private loan include the interest only payments don't allow me to amortize the building, and the rate is higher.
Frank Wolter
How I went from 0-122 units mortgage free. My tips and secrets
8 November 2018 | 100 replies
I was thinking of taking one of the properties and refinancing so I could do an additional purchase and possibly flip to generate cash.
Sandy G.
Multi family or Commerical Property with / Without Syndication
18 December 2018 | 13 replies
Best bet is to contact local brokers.
Matthew Sloan
Need a Reference for an Attorney
20 October 2018 | 16 replies
@James Miller Yes, I know you have to use the available section for additions or add an addendum to the base form to make a series LLC from the standard form to file with the state.
Jerry Sanford
new RE agent in Las Vegas
11 October 2018 | 3 replies
This RE company says that they provide additional training and they want me to sign a contract to be an agent with them.
Jeff Piscioniere
LLC logistics as created as a partnership
20 October 2018 | 14 replies
@Jeff Piscioniere It depends on how the title is held (but I'm willing to bet is in the guy with the mortgage name, since the lender will most likely not allow other owners not tied with the note) and it depends on what you have in your operating agreement if the partnership is protected or you are exposed to problems partners might create.
Kal Saeed
Question about lot size
25 October 2018 | 11 replies
Yes, this can be a huge time saver especially if your jurisdiction considers this an "addition" instead of a "new construction" which generally makes it easier and faster to get a permit.
James Wierzba
Worried about equity and property value for turnkey purchase
13 October 2018 | 5 replies
The appraisal is your best bet.