In the following scenario:-if I get hard money loan thru my LLC for purchase and minor rehab-then want to refi with bank for a personal (not thru my LLC) 30yr fixed loan to keep for rental propertyCan I accomplish thi...
As a buyer, what costs would be incurred if I were to buy a piece of property with 100% cash? (I could finance, but I want to avoid closing costs, interest, etc..)
If I do purchase with cash, what costs will ...
We bought an REO townhouse in Nov 2011 for $91k (bank was only accepting cash deals), rehab costs $25k. The property is now conservatively worth $170k. Our original intent of this purchase was to live in the tow...
I am planning to invest in a Fund (set up as an LLC) that buys mobile home parks. I would be buying "Class B Shares." I would be a Class B Member of the LLC that owns the shares (Class A members are the ones setti...
When you buy an "owner occupied" property from Bank of America, the purchase agreement has a special addendum to cover circumstances that arise when the foreclosed-upon owner remains in the home after the foreclosure....
walk thru just prior to closing. Even if you have to get another trusted person to do it! My very good friend does a ton of out of state investing. He purchased a Brown Stone (Very expensive townhouse like struct...
I normally charge a non-refundable pet fee and pet rent for each pet. These are not junk fees, because there are higher costs incurred when a tenant with pets moves out. For instance, hardwood floors are more easily d...
PLEASE give me some advice- what do you think is a fair split among these partners? Any other obvious details to consider?:
Partner 1-
Providing all the money ($300k-ish). Will be active in searching for deals, aes...
I’m playing to get my first rental property this year. I’m looking for a multi-family 2-4 units. My lender offered me a 5% down conventional loan as well as a FHA loan. I know I am required to stay in the home for at ...
I put in an offer on a home that we found on the MLS in Philadelphia. This offer was accepted and we proceeded down the line with financing, title, earnest money, option money,etc… The day before we were to close the ...