Hello all,I recently had this happen, I have a client working with a great lender doing a DSCR loan. We paid at market value for the house and the value appraisal came back great. Fast-forward to today- appraiser sai...
Hi -I'm an investor & new partner working on a $1M+ deal with a syndicator / sponsor. Here's how the deal is being put together:- Property ownership: Syndicator ~80%, rest split among investors depending on amount...
JRW Investments is who I got this through. Not sure of their reputation or how to vet these types of deals as I'm used to single family residence rentals.https://www.docdroid.net/ZkdX6QD/exhibit-c-er-nlpef-4-executive...
One question that a lot of real estate owners have in regards to Cost Segregation Studies is the percentage of assets that are reclassified from a 27.5 or 39 year useful life into asset specific useful lives (typicall...
Hi, I understand that most private lenders want to lend for no longer than 5 years. With this in mind, do investors who use private money need to continually find new private money to act as a replacement? Or are b...
My question is whether or not I should execute a HELOC. Im approved for 18,000. I dont need any of that money right now. Should I go through with it just to have it as a source of backup liquid asset? Pros, cons?
I currently own a 2 family house in queens NY and I also have a commercial property in upstate. I was thinking about opening another llc for my 2 family that I live in now. Is that a good idea?
I’m trying to get an understanding of why someone would use one over the other. I have a SMLLC for my turnkey single family rentals. I’ve always read/heard/etc that LLCs are generally the preferred structure for ren...
Investment Info:
Single-family residence note investment investment.
Purchase price: $7,000
Cash invested: $770
Sale price: $14,681
Contributors:
Harrison Silverstein
The home is ...
What is the best bank or credit union for investors near the beginning of their journey. Looking to build a long term relationship with with availability of checking & savings account and financing to purchase pro...