We made an offer on some apartments last August and the Sale Agreement included $20,000 in escrow and $5,000 cash to go toward some current improvements. We cancelled the deal because of some unknown issues at the end...
Hi all, I gave my parents a large gift that they used to make a principal payment on their mortgage. They are enjoying the reduced payment amounts but said they want me to be entitled to the amount I gave them (instea...
I am a partner in a three-member LLC that holds a multifamily in Lowell Massachusetts.
Currently, I am providing property management services for the building. The other members are not involved in property manageme...
Hello All;
Anyone have any experience or feedback with respect to Redswan? Explore Tokenized CRE With RedSwanThis organization is a discussion topic in my investor circle; would Appreciate any insight. Thanks
Marc
We (Seller) have just closed a deal with the most frustrating escrow experience. The escrow officer we retained had a serious health issue and was replaced with a new officer about a month before closing. The new offi...
What would be the rationale for making a loan with a promissary note from your personal name to your LLC instead of just making a capital contribution? Is there some tax advantage to doing that? It seems simpler to j...
So I've got a line on a peach of a multifamily deal, and I'm looking for advice on how to structure a deal so it's attractive to investors. I've had a couple of investors tell me the terms I started out with are attra...
Hey Guys,I wanted to post a win here and see what other people thought. A couple years ago I had bought a property in the Chicago area. It was meant to be a flip and connected myself with a broker. We ended up purchas...
Hi all!
If anyone can give advice on how to handle this I would gladly appreciate it.
I made an offer on a home it was accepted, the mortgage broker I was initially working with never answered phone calls or texts. ...
My mom wants me to help her roll her 401k into a self directed retirement fund to purchase rental property. She will be 70 next year and wants to do this before she is required at 70.5 to start taking distributions fr...