Wondering if anyone has experience placing a large portion of net worth into private banks for high net worth individuals, i.e. Wells Fargo Private Bank, JP Morgan Private Bank, etc. In order to take advantage of the ...
First multifamily. I'm getting a NOI of 1008.17, Cap rate of 4% and a GRM of 10.41. When purchasing multi for wholesale, how much do I determine how much for wholesale fee? Do I plug that in somewhere? View report
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In the process of purchasing a deeded garage space. Got linked up to an attorney for my transaction via my Realtor. Can I expect to pay the same flat rate ($500) fee for this transaction as I did when I purchased my c...
It doesn't appear people are talking about this fee (0.5% of the refinancing cost - averaging $1,400 of all closing costs) will kick in at the end of December. What's your strategy dealing with this?
I talked to a couple companies online such as cardinal financial but their fees were pretty high.
My team leader Dave receives guru advice from a couple of different guys. One in particular is a guy named Jay Conner from the The Private Money Authority. In our attempt to find private money, we came accross Marty B...
I have 4 single family rentals finance in my company name with commercial loans on them. I would like to the pros and cons on financing them with a conventional instead of a commercial loan.
Hi everyone,
Need help! I find it extremely difficult to find a bank/credit union providing <$500K multifamily loan in San Anatonio TX. Most of them rejected me by saying they only do commercial multifamily loan...
Do you prefer to prorate the 1st mo rent or change the due date? I’ve always pro-rated the 1st month but now that I have property mgmt software it can easily keep track of multiple due dates. I have a tenant moving in...
Hello All,
Since interest rates are low, I'm considering refinancing which would reduce my monthly mortgage by 50% up to 67% depending on terms. Is refinancing the best way to increase cash flow for investing or is...