Esther Concepcion
Getting a DSCR loan while married
Hello,
I am an entrepreneur having issues qualifying for a conventional loan. After doing research I learned of the DSCR loan. My question is, if I acquire a property via a DSCR loan on my own, does my spouse have an...
Cameron Chew
Evictions and Trash
Hi Group,
I'm in the process of evictions for a unit located in Sacramento, California. The tenants have defaulted already and I'm waiting on the stamped papers to give to the sheriff.
However, it appears the tenant...
Account Closed
Help with a Refinance on a Rental Property
Looking for insight from landlords or Brandon(the man, the myth, the legend himself) that have done the BRRRR strategy as coined by@Brandon TurnerWe bought our 1st rental cash, all renovations are completed and we are...
Michelle Marty
making an offer sans realtor
I would like to make an offer on a property that is currently off the MLS but still being marketed as for sale by owner. The property is owned by an agent. It was listed for over a year and I believe it to be worth 70...
Darrick P.
Does this Promissory Note look good?
I have done my best to block out the names for privacy purposes. I'm wondering if this note looks good to any of you who have used or written promissory notes before?
http://darrae.com/public/note06052013.pdf
How do...
Andy Chu
Trustee not taking direction from Beneficiary of an NPN
I am getting a little frustrated when the trustee starts to randomly postpone the sale of properties without my knowledge (me meaning the beneficiary). I'm just going to start being my own trustee and posting and the ...
Vaibhav Puranik
Properties in CA and TX, what state to form LLC in?
Hi all,
I have 3 Single Families in TX and 1 Single Family in CA. I live in CA. I am trying to figure out what state to form my LLC in. Out of the properties I have, I have more equity in the CA property as it was bo...
Nicholas Ramirez
MLO License Check List
To all the lenders out there (In California) --- I'm looking for some adviceI'm want to get into the world of investing in real estate. But first, I want to fix my income. And by fix, I mean earn a decent one that all...
Jean-Marie Poth
Turbo Tax Deluxe or CPA?
I have always had an easy time with Turbo Tax This past year, I bought my first rental and now it is TAX TIME!!! I'm wondering if I should use a cpa or continue with Turbo Tax Deluxe? The questions are very straigh...
Sam Rogers
Anyone use a Deferred Sales Trust?
Deferred Sales Trusts seem like a viable strategy to defer capital gains. But really the only info out there on them is marketing material (I'm talking to you Brett!). I've talked to a few tax accountants and attorney...