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5 February 2025 | 69 replies
Their rates are good but boy, they looked at my financials and ask some funny questions such as asking for proof that I could withdraw funds from my SEP IRA account, and that I need to provide documentation to verify that this employer sponsored retirement account allows for funds to be withdrawn, or if withdrawals could only be made in connection with the borrowers employment termination, retirement or death etc. everyday they sent me something new to answer.
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21 January 2025 | 40 replies
Having a "master" accounting software allows you to blend all property-specific info with general business info to see your full financial picture.
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24 January 2025 | 12 replies
There are lenders out there that will allow you to do a loan on something bought mid construction and is uninhabitable.
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3 February 2025 | 56 replies
I think the real magic comes in when you develop a system that allows you to create these cash flowing rentals from the vast number of vacant homes in the inner city.
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16 January 2025 | 8 replies
Now she claims it’s a service dog because his husband is vet and she should be legally allowed to keep the dog and does not need pet fee or pet deposit or monthly pet rent.
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31 January 2025 | 22 replies
However if you had done a warranty deed (or a special warranty deed if you still have a mortgage on it) instead, your LLC has a claim against you for the issue on the title, and you in turn can go back to your initial title insurance to fix it.Some title insurance will allow to transfer the coverage to an LLC that you own 100%, but not all of them do or they may require an additional fee.
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22 January 2025 | 3 replies
Her mother is willing to (co-sign) and has excellent credit and debt to income ratio that will more than allow but I’m not sure the best way to structure this for the house to still be in our name?
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6 January 2025 | 14 replies
Have you always invested in owning the parks, or have you purchased some individual mobile homes in parks you haven't owned also?
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24 January 2025 | 4 replies
Would a bank even allow us to mortgage multiple buildings on a single lot without it being subdivided?
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20 January 2025 | 0 replies
Obviously if I intend to have a top performing STR in this market, my buy box will allow for a much higher max purchase price, but I wouldn't feel comfortable with shooting for the max if there aren't clear ways to beat these competing properties.