Ray Detwiler
Transfer of home to LLC and future vulnerability/liability
I've tried researching this a bit but haven't quite been satisfied with what I have found, so I apologize in advance if this has been answered and I just missed it or didn't understand it correctly.
Few questions -...
Dan H.
Underwriting STR - Looks promising but deeper evaluation shows poor return
This cabin is in the sierras near Giant Sequoia National Monument. I identified a nice cabin in a nice area that I was going to offer $500k to STR it. Bonus I found a co-host with a presence in the area that would co...
Phillip M.
Freddie Closing Fee
I finally (long story) have a signed contract with Freddie Mac on a REO foreclosure in Florida. The contract states that "seller will designate closing agent and pay for owners policy and charges". I received the clos...
Brent Miller
How to initiate owner financed purchase
I have an opportunity coming up to acquire a multi-unit building from a neighbor who inquired if I was interested in purchasing the building. I’m not sure what they are thinking of from a price point, however if it do...
Kenneth Williams
First deal fourplex in San Antonio
So I'm currently in the process of purchasing my first deal! A fourplex here in San Antonio for $108K (Owner wants of the rental game). My intentions are to perform the Brrr strategy so I will also be borrowing an add...
Gene Clark
STR Utility cost in Kissimmee resort communities.
Looking to get into the Kissimmee market, and I’m looking for some insight on monthly expenses.What is the going rate for insurance, and monthly utility cost for about a 7-bed, 3,000 sq ft house? What are you usually ...
Hariharan Elavarasan
First business checking account
I'M UNDER CONTRACT!!!! I can't believe I'm actually here and things are finally moving. I started learning and saving 4 months ago and I'm excited to get to the next steps.
I wanted to go ahead an setup a business ch...
Daniel Jewell
Lease to share agreement
This is my first attempt at a lease to share agreement. I was wondering if any of you had any suggestions as far as wording or additions to this lease? also wondering about the rules, I guess as a whole, what do you t...
Lisa Vu
Triplex in the suburbs
Can someone let me know if this is a good deal?
Triplex located in the suburb of Pittsburgh. The neighborhood is pretty good. There’s plenty of restaurants and grocery stores around. Property is priced around $300,0...
Ed Wood
How the new Jan 10 mortgage guidelines effected buying power
This is a sample with a 4.5% rate 30 year fixed payment qualification includes tax and insurance and $500 in borrower monthly debt (car, credit cards...) DTI ratios at 43% after Jan 10 and 50% before Jan 10
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