
10 January 2025 | 12 replies
The issue I had was that most lenders required a certain number of completed flips done under a LLC.

11 January 2025 | 1 reply
Now more than ever, I am seeing offers required to be submitted through a portal where the listing agents want no business being involved with up front negotiations.

9 January 2025 | 4 replies
Our laws require us to offer a rental first come first served (first completed application that qualifies must be offered the unit).

16 January 2025 | 11 replies
What % is typically required these days?

14 January 2025 | 7 replies
@Brice Alef-Torrisi To manage finances for multiple properties, maintain separate bank accounts for each property if held under different LLCs to avoid commingling, which could jeopardize liability protection and complicate tax deductions.If properties are under one LLC, using a single account is fine but requires detailed record-keeping for each property.

9 January 2025 | 5 replies
I have a few lenders who do but they still require some money from the borrower so they have skin in the game.

10 January 2025 | 0 replies
Purchase price: $275,000 Cash invested: $45,000 Sale price: $410,000 Contributors: Adam Schooley This townhouse, which had gone through probate, suffered from significant water damage to the drywall and required updates throughout.

15 January 2025 | 11 replies
It likely would require something grossly negligent with huge consequences to have a chance to go beyond my coverage and we are not that negligent.

11 January 2025 | 9 replies
If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.

11 January 2025 | 67 replies
Yes, my banks require a 1.2 DSCR debt service coverage ratio, meaning they want to see rent 20% higher than the mortgage payment.