
13 July 2021 | 3 replies
I would guess that most commercial lenders won't care...but that would mean I am speaking for them and this question is so specific right now we would just have to get you in front of some to find out.
19 July 2021 | 2 replies
When you comingle the finances of the LLC (eg: Title in LLC and loan in personal name) that may jeopardize the LLC's integrity (speak to an attorney about the full legal implications).
15 July 2021 | 2 replies
@Matthew JaroszMake sure you speak to your accountant and attorney prior to quit claiming the property to a LLC; even if the one owner of the property is the only member of the LLC.

14 July 2021 | 1 reply
Generally speaking, liens that are in a senior position to the lien that’s held by the foreclosing party are going to remain attached to the property after it’s purchased at auction – liens that are junior are wiped out.

13 July 2021 | 9 replies
Seems like a lot of profit your giving up over the next 18-24+ months.I speak from a similar(ish) situation.

14 July 2021 | 10 replies
I won't speak to the value you received but check your agreement.

14 July 2021 | 3 replies
They will all have great information and connections for you to find your Triplex and get a great lay of the land so to speak.

13 July 2021 | 4 replies
Jon Kelly is speaking in terms of the most efficient use of that money and that's where my mind goes as well.

12 July 2021 | 0 replies
Generally speaking during a refinance investors get the vast majority of their investment money back, yet the property is still held and investor shares remain the same, so you can proceed to reinvest your money in other projects while continuing to hold interest in the project you invested in.Prepayment Penalty: Predetermined penalty set up front by the lender in case the investor group prepays the loan faster than expected.

17 July 2021 | 24 replies
@Jerry Puckett This is the company: https://www.simplified-homesolutions.com/I am learning more about them as we speak.