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29 November 2024 | 2 replies
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30 November 2024 | 2 replies
Many private institutional lenders prefer or require your property to close in the name of LLC instead of your personal name.• Understanding the rehab budget draw process: After you close on a rehab loan, your rehab budget is not handed to you at closing.
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29 November 2024 | 11 replies
I’ve joined this community to connect, learn, and grow alongside like-minded individuals.
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29 November 2024 | 27 replies
I have a duplex that I originally intended to have serviced by individual heatings systems, but ended up installing a single system that's large enough to heat the whole building.
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30 November 2024 | 4 replies
If you can sub-meter the water that is always preferred it just depends on how feasible it is to do that.
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29 November 2024 | 7 replies
For my next deal I would prefer to invest in a small multifamily property (2-4 units) around $250,000.
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3 December 2024 | 14 replies
Often times, I advise folks to start with HML or PML and the refi into a DSCR loan with a bank/CU when the property is stabilized.I am going to assume that a HML/PML loan would be at a higher cost/rate than a bank that would play ball, so I would prefer that if possible...
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27 November 2024 | 22 replies
.: Quote from @Scott Mac: [1] A down vote button seems like it will lead to Cliques forming in the background, with people getting together to downvote certain individuals based on like or dislike of the individual.
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4 December 2024 | 31 replies
I would personally prefer to keep the properties and obtain financing for equity in order to grow.
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1 December 2024 | 4 replies
.- The reality is this depends on each individual caseworker.