Wonderful news for those looking to cashout refinance a property seasoned in majority owned LLC.I have owned a property in a single member LLC for over 1.5 years. When I went to refinance I was told the seasoning whil...
There's an auction coming up this weekend in LA that we are interested in but we have only bought Properties the conventional way and are not familiar with auctions. Besides the logistics of bidding and payment , do y...
Hi everyone! I can't believe I have been in the business so long and never been in a forum before. I have read thru alot of the topics here and am amazed at the wealth of information. I have been missing out!
My name...
I own a fourplex (house hacked) and am about to close on 5 duplexes. I have been wanting to make a property/tenant rule book for my property and now that I am buying the duplexes I really think it's important. I start...
Those of you guys that have been at this awhile talk to me.... Is it a bad idea to use wholesale profits to pay for down payments on rental properties. Obviously one would need some cash reserves ICE. But are there an...
Hi all,I was under contract for a house, and all was well untill the sellers lawyer said that the security deposit must be given to the seller and not held in an escrow account. My lawyer told me this is insane becaus...
I've listed for sale my current four-family property with the hopes of doing a 1031 exchange for a MUCH larger property. I would like to attain the largest size property I possibly can 50-75 units or $2-3 million...
I am buying a lake front property to be used as a long term rental property. Should I install a fence along the lake to avoid people falling in? My thought is to add a clause in the lease expressing the possibility of...
In regards to doubling closing (using transactional funding) how does the escrow/title company close on the 2nd deal on the same day when sometimes it takes until the end of business day to record the deal at county? ...
Hey everybody, my name is Thomas and I had another account on here and neglected the account and the email for a while and wasn't able to get back into either of them so I'm starting anew. I've been a real estate inve...