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I'm wondering if the group can point me in the right direction. I recently purchased my first rental with a traditional loan in my name. I recently got it rented and wanted to put it in the name of my LLC, so I filed ...
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In the spirit of the latest BP podcast, I am curious as to how I evaluated this deal incorrectly. Find it entertaining the description lists it as a great investment property yet the numbers don't add up (8 Valley Rd,...
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Im currently looking at a Fourplex in West Texas.Unit 1 -- 3 BR 2 BAUnit 2 -- 2 BR 2 BAUnit 3 -- 3 BR 2 BAUnit 4 -- 2 BR 2 BAAll four units are rented at $625, $525, $625, $525. Total monthly income is $2300. It has...
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Our process is to use a broker to originate all of our loans. We fund the deal and then the Note and Deed of Trust are assigned to us at closing. Pretty standard stuff.
The DOT and Assignment of course must be reco...
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The basic information for this post has come from the book Aftershock written by David Wiedemer and Robert Wiedemer with the assistance of Cindy Spitzer. These are the same authors that four years ago wrote America's ...
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I've read how people create an LLC for their REI adventures and secure commercial loans versus getting conventional loans under their personal names. To my understanding the commercial loans closer quicker and are an ...
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Hey guys I've been doing some research on house hacking for the past 3 months and I think I'm ready to get my feet wet.
A little about me. I just turned 21 two months ago, I have a FICO credit score of 759 and I ma...
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My question is when someone goes into a loan forbearance, why does the loan company put a suspension on payments?
My neighbor at one of my properties in PA missed 3 mortgage payments. Her mortgage company gave her a...