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Results (10000)
Bryan Lutz LLC partnership single flip only
25 April 2017 | 9 replies

What is best practice? After closing on a flip, do you close the LLC or keep it open for the next opportunity?  Even it were a partnership LLC?

Collin Hays Are you paying VACASA 39 percent of revenues? Probably!
18 November 2021 | 18 replies

Follow along with me here.  You owe it to yourself.  I was tipped off by this from a client that we took over today.  
I went to VACASA.com and booked this cabin for January 11-14.  The nightly rate is $127.  The tot...

John Huynh Chicago: Loan Origination Charges
16 March 2022 | 6 replies

Hi all, Could someone tell me if loan origination charges are a fixed amount or if it is a percentage of the loan? I have heard that there are online lenders that don't even charge loan origination charges. Any recomm...

Lacy Tilley Security deposit and lease termination.
29 August 2019 | 14 replies

Any input would be great.
The tenant had told me she cannot go through with the lease.(circumstances are legitimate but an agreement is and agreement)
Signed on aug 15th for move in on aug 29th for a 2 year lease. ...

Joe Mende First Mortgage Loan Application..Help!!
21 February 2018 | 9 replies

Looking to get a little advice here as I'm in the process of buying a 2-flat here in Chicago.  I recently filled out the loan application and there was a section that was titled "loan estimates" where it has Terms, Pa...

Tequila Lamar Is this a good hard money loan?
23 August 2023 | 10 replies

Hello! I received the follow terms for a hard money loan. Is this a good deal?It's for a full rehab of a duplex. 3 beds and 1 bath in each unit. $400,000 ARV.Total Loan Commitment: $295,000 Interest Rate: 11 %Initial ...

Matt Wan Does paying off a mortgage early affect future loans?
2 December 2024 | 6 replies

From my understanding, mortgages are considered riskier investments than most other loans because the borrowers can repay early with little to no extra cost. If I hold a 6% bond and the rate on new issues drops to 3%...

Zhijie Wang Financing Approach on a large Rehab project
1 February 2024 | 2 replies

Hi all,First time to the forum, first post, 4th property. Basic info about myself: owned properties, did major renovations, including foundation underpin. Renovated with personal cash most of the time. Considered high...

Ian Bower DSCR Loan Fees - More than expected... is this normal?
11 October 2024 | 27 replies

Hi All. First post. First investment property. Just getting my financial house in order and talking to some lenders. Most of them are quoting me: An origination fee - $2500A processing fee - $1000An Underwriting fee -...

Davon Lowery I AIN'T PAY'N!! Ahhh the joys of landlording
7 August 2015 | 80 replies

I had the property manager send a friendly reminder, reminding tenants that rent is due on the 1st. Tenant 1, paid no problemo. Now on the other hand the other tenant states, "I get a three day grace period by law!!!"...