You do not need separate checking accounts for each property if the ownership is the same.

This is the percentage of costs (purchase and rehab) covered by the loan.

Hi, long time follower, however not too much on posting.Goal: I’m looking to purchase a 3 family property in central CT.Position: Currently I own two condominiums that are under an LLC.

It seems like the tenant is being respectful, following the rules, and is not being a problem so I think that is what you would tell any other tenants who ask, as long as you have seen the card.

I am sure the further West you go the more likely that you can make a house hack work.

The contractor that we have been working with for a while came to take a look at the walls with the structural engineers, and they told us we have to change the structure of the entire kitchen wall.

Hi @Justin Snead, I would say just make sure wherever you take the pre-licensing class is IDFPR approved. 

Yes BP is the right place.

What’s the current loan balance and terms with the hard money lender?

We have the drive to achieve whatever we put our mind to, the skills to create a very unique and desirable space, and the finances to back up our investment.