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30 June 2024 | 4 replies
Hi BR Community,I just closed on a duplex property using a DSCR loan with a 8.625% in Cleveland, OH.
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1 July 2024 | 5 replies
When I asked they are using a tool called Bob.ai they told me they are using AI to determine the rent data.
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1 July 2024 | 13 replies
I'm not a lawyer but I'm familiar with large-scale real estate investors purchasing properties in the state of New York using a Delaware LLC.
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29 June 2024 | 8 replies
I currently own 10 units around Louisiana. 6 of the units are self managed and 4 are managed by a property management company but we actively manage the property manager. We are looking into strategies to further stre...
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28 June 2024 | 1 reply
I have been digging through the guidance and am wondering if anyone has ever taken advantage of the following clause regarding 203k improvement types from the HUD SFH Handbook 4000.1, pg 374:- "reconstructing a Structure that has been or will be demolished, provided the complete existing foundation system is not affected and will still be used;"- "repairing, reconstructing or elevating an existing foundation where the Structure will not be demolished;"Guidance link: https://www.hud.gov/sites/dfiles/OCHCO/documents/4000.1hsgh.pdfHas anyone ever built a new home on top of an existing foundation using a 203k loan?
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1 July 2024 | 6 replies
Using a HELOC, you'd become the bank and finance, your own transaction for a cheaper amount.
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30 June 2024 | 9 replies
I think they don't know what to say so they're just using a generic post title.
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30 June 2024 | 12 replies
Thank you so much in advance. can you further describe what you mean by "using as a business" big diffference between having company vehicles there vs. having pallets of shingles in the driveway. what specifically or how specifically are they using it as abusiness
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2 July 2024 | 26 replies
The rehabs also do not provide me the same sense of accomplishment/entertainment as they once did which is also why this may be my last project as GC I plan on using a GC next time but have zero regrets having been the GC on numerous efforts.
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30 June 2024 | 8 replies
Using a single LLC is simpler and cheaper but puts all properties at risk if one faces legal issues.