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17 October 2024 | 23 replies
DSCR Loans only available when property is fully finished and turnkey, however you might want to look into a lender that offers ground-up construction loans and DSCR.Also - be careful around the modular home / quick property types since these mortgage loans typically have to be secured by foundational real estate, so anything that can be moved or not fully foundational is probably a no-go (can't foreclose/protect the investment as a lender)
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16 October 2024 | 6 replies
This strictly relates to asset protection.
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17 October 2024 | 2 replies
First, you need to form the LLC for this purpose and I would recommend having an asset protection attorney do this for you.
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17 October 2024 | 4 replies
You're running a business and knowing your customers to maximize returns is important.
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17 October 2024 | 12 replies
It's your duty to protect them and your relationship with them.Sure, "their interest lies more in the monthly payments" right up until the payments stop coming.
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16 October 2024 | 6 replies
I also believe your management LLC is overkill if liability protection is the intention.
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19 October 2024 | 7 replies
Paying for it on card for liability protection, getting warranty/insurance work, pulling permits, lien waivers, etc.2)Get deeper, not wider.
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17 October 2024 | 5 replies
This gives you an additional level of liability protection.
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23 October 2024 | 22 replies
If you mean trying to track a deal from start to finish to see how it went I can show you a bunch and walk you through where things go wrong and how to protect yourself.
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17 October 2024 | 14 replies
Conversations with a person land so much better than a message thru FF.Also it is helpful to know that most Corporate Housing companies or Insurance Agencies that are trying to find housing for their customers and reach out to you, they do finds leads on FF.