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I am an investor located in Michigan and in the process of developing a business plan but am struggling to figure out how to set up my LLCs with scalability in mind. Below is a rough outline for both a buy/hold and fl...
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With current interest rates, are people generally seeing an increase in subject to arrangements (even if just anecdotally)? What are some key considerations when buying using subject to and what should be avoided or i...
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I am practicing my ability to find and analyze local multi families in the Detroit area. I would appreciate input on this property and my analysis of the investment . Thanks ,Dan https://www.redfin.com/MI/Hamtramck/11...
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I have a question and I hope someone can help. The executor of the Estate found out mother had a reverse mortgage on it and the lender didn't give any information or tell the executor of the estate had any options on ...
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Hey everyone, my wife and I and her two brothers all own two homes with mortgages still being paid. All 4 of us are on the titles and mortgages. We all live in the two homes too. My wife and I in one home and my broth...
Background: Wife inherited a 4-plex from her mom. Approximate value: $500K with an $135K interest only loan. The 4-plex is a cash cow and she has no intent to pay it off. 1) Should she keep the existing loan even...
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I Googled Rod Aycox before applying for a business line of credit and it appeared from his apparent wealth he could make private Loans. I Applied and got my company approved for $10,000 on terms that were so good, it...
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It seems inevitable that the Republicans take control of the House, and likely gain many seats in the Senate.
This type of situation is called "grid-lock" becuase both parties can essentially keep each other from get...
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I currently own my home and I intend to do some light rehab and upgrade then move out and rent out the house. I have only recently formed my LLC and I want to be sure I keep my business finances separate from my perso...
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Quick question about security deposits in Southern California. When rent is about $2200 -$2400 do you still ask for 1 month’s rent for security deposit? So if their lease begins March 1st do they need to provide let’s...