Joe S.
Bank of America or Chase for business account?
Bank of America or Chase for business account? So about to open up a business account for a new LLC and was curious on feedback between Bank of America and Chase. Please advise
James Smith
Letter/verbage for not returning a security deposit
Hey everyone!We had our tenant send a text message stating she was giving her 30 days on a month to month lease on July 31 asking to live out her security deposit. I let her know that would not be possible and her lea...
Nate Higgins
Specialty Apartment Lending Programs
I'm a new investor in the multifamily space, and I wanted to see if anyone had advice/experience with Specialty Apartment Lending Programs? Specifically Fannie Mae and Freddie Mac.
Zoe Smith
How to voidable lease
Hello
My tenant did not pay the balance of move-in costs by the due date after the contract execution. Several unsuccessful attempts have been made to request payments and have received multiple excuses (could not f...
Nick N.
Having Systems in Place
So, I have seen a lot of posts referencing the development and implementation of systems to make owning and managing their rentals either on a smaller or larger scale. I was just wondering what specific systems people...
Bruce Chenowith
Tax question on personally owned building used in partnership
I bought a building personally that is being used in our partnership. The building is used for softball batting practice, lessons, camps, etc. I understand the basis rules for depreciation (lower of cost or market)....
Joshua Stanton
Opportunity in the All In One Loan
I’d love to discuss the All In One Loan and how other members finance real estate growth. Full disclosure, I sell the All In One Loan and i personally use it to multiply real estate. I think it’s simply the best finan...
Kevin Owens
Ask Anything! Fannie / Freddie Multifamily Lending
Ask any question regarding multifamily lending with Fannie and Freddie. Topics may include proper expense guidance, COVID-19 escrows and their releases, net worth and liquidity requirements or non-recourse elements. I...
Account Closed
I don't understand Refinancing
Hi Guys, Sometimes its the simplest concepts that I overthink, but I am having a bit of trouble comprehending a refinance. Lets assume I take out a mortgage for X amount amortized over 30 years at 6%. When I refinance...
David F.
Mortgage Cash Reserve Requirement
For a landlord who has properties that are finance and have been rented out for 2 years and who is applying for a mortgage to expand his/her portfolio, is that landlord required to have 6 months cash reserve on hand f...