Lau Cor
Putting the investment in an LLC
21 January 2025 | 4 replies
Most commercial lenders do not require any seasoning for that entity which means that you can create an LLC and use that entity to purchase the property immediately as long as you have the proper documents.
Ben Callahan
Do you actually have to live in the house?
6 February 2025 | 9 replies
At closing you will sign a document that says this will be your primary residence, that you will move in within 60 days and live there for at least the next year.
Axel Scaggs
Subject To deal while in underwriting for personal investment property
6 February 2025 | 5 replies
You may have or will sign documents stating "all properties you own".
Anthony French
Any ideas or information finding funding for a development
24 January 2025 | 6 replies
Securing funding has been challenging, particularly because my business documents reflect low revenue from only one duplex, and I am currently between jobs.I have identified a reasonably priced piece of land and have saved a small portion of the funds from my duplex sale to invest in this venture.
Jerry Zigounakis
LLC or sCorp for investment properties
21 January 2025 | 7 replies
You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.
Gerhard Listander
Bank Account Problem
5 February 2025 | 6 replies
Make sure to keep backup documentation for each transaction if possible and transfer the balance when you return.
Waruna Yapa
Who has the best rates and how to shop for them?
8 January 2025 | 14 replies
Lender A is $500 cheaper in lender fees because they dont pay for some program or staff who, among other things, doublechecks info inputs and documents for accuracy.
Jonathan Baptiste
Any advice on finding dependable contractors
23 January 2025 | 10 replies
Also make sure you protect yourself with the correct contract documents. https://www.myfloridalicense.com/wl11.asp
Colton Bridges
How to refi out of hard money loan/multi unit
3 February 2025 | 25 replies
In this case, a DSCR loan will be much better since you can do a cash out refinance with no seasoning requirement as long as you have documented rehab on the property.
Shea Gajewski
Young Investor Seeking Advice
3 February 2025 | 5 replies
Our focus has been on documenting our strategy, creating work instructions for all of our processes, holding true to our buy box, and not overleveraging ourselves.