If you are a veteran and you can qualify, you can take over another veterans loan as an assumable mortgage.

Let them know you appreciate how they take care of the place and pay on time, but the noise has become noticeable.

At that point I realized since I have the money and I really take all the risk compared to ANY GC I am just going to control the process all the way through..

And I guess one has to take that into account as an extra cost in maintenance or just steer clear of such people.

If you are doing the loan with Chase and they're telling you they don't focus heavily on DTI, I would take their word for it.

It's a very competitive market there.I think your 203k approach will likely be a leg up in deal hunting as you'll be able to take on an investment that needs a bigger scope of work while others might be looking for a more standard value add situation.let's connect. i'd love to help however i can

I am going to keep the LLC regardless because it helps me to stay more organized in terms of bookkeeping, having separate accounts for business expenses etcI am sorry if my explanation is confusing, its all clear as mudThank you to all who take time to respond

It's very expensive to move a home out, in most cases you'll be paying for it and then it will take several months to replace the home.My favorite model is the RV LOT Model, instead of replacing the lot with a mobile home set up a RV lot.

Arguably, Kay overemphasizes the risk of taking on debt.

There may be a way to reduce property tax reassessment by using LLCs, but it is a complicated plan, takes time to complete, generally needs a business purpose, and is not without risk.