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All Forum Posts by: Chelsea Cowgur

Chelsea Cowgur has started 0 posts and replied 4 times.

@Simon Obas

Nope. Nope. Nope. Income & prior evictions are the 2 things I would not waiver on. I can look pst poor credit or past criminal in some cases. But if they don’t meet the income requirements there’s a good chance they Will not have the money to pay you at some point.

Post: Multi family development

Chelsea CowgurPosted
  • Posts 4
  • Votes 1

@Steve Bergeron

Did you end up building them?

@Joe Villeneuve would this still be your recommendation if coming up with down payment money wasn’t and issue?

We have equity in several properties. Nothing paid off. We haven’t refinanced to leverage because my husband has a high paying w2 job and we are able to come up with down payments from that.

Our long term goal is mailbox money. So we are buying and holding. I hate to reduce the cash flow on my current properties.

we have 2 rental properties and I called the mortgage holder in both of them, and both told me that I could move them to a LLC and it wouldn't cause any problems.