
5 December 2024 | 6 replies
They typically have multiple origination points (meaning very high closing costs) very high rates (compared to conventional but also compared to 6 month or longer waiting period DSCR products) and almost always have VERY long pre-payment periods up to 5 years.

6 December 2024 | 6 replies
Compare that to the seller's staffing matrix and make adjustments as needed.

5 December 2024 | 87 replies
I do agree with everyone here that their customer service is by far the best I have ever had comparing to any other online investment platform.

4 December 2024 | 5 replies
I would factor more vacancy as you might get more turnover compared to other suburbs.

5 December 2024 | 6 replies
Putting a property into an LLC before placing it in a trust is generally recommended because an LLC provides a stronger layer of asset protection against creditors and lawsuits compared to a trust alone, effectively isolating the property from personal liabilities while still allowing for estate planning benefits through the trust structure; essentially, the LLC acts as a shield to protect the asset within the trust from external claims.Consider getting professional advice on how to structure your assets to shield and protect the asset(s).

5 December 2024 | 6 replies
Look at the values of your 2 properties, consider any outstanding debt, calculate what your payment might look like on a cash out refi, compare that to current or potential rents.

3 December 2024 | 6 replies
Quote from @Nelson Badillo: In my experience, HUD requires you to provide at least three comparable properties to justify your rent.

5 December 2024 | 15 replies
We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

8 December 2024 | 26 replies
When you compare what houses are going for in both Mooresville NC and Greenville SC and what they rent for, it may make 0.5%.

4 December 2024 | 3 replies
Go to furnished finder and airbnb to compare rents and determine your rate.