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17 February 2025 | 10 replies
.: I would focus more on how good of a deal it was vs how little it cost.
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12 February 2025 | 8 replies
A refinance into an LLC avoids this risk but typically requires a commercial loan with higher rates and stricter terms.If asset protection is the main goal, umbrella insurance may suffice without disrupting financing.
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8 February 2025 | 7 replies
This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.
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18 February 2025 | 21 replies
More growth and the rust belt is still not doing great economically.
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24 February 2025 | 5 replies
Instead of moving into another single-family home, consider house hacking a duplex or triplex, this allows you to use low down payment loans (FHA, conventional) and offset your mortgage with rental income, accelerating your path to financial freedom.
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22 January 2025 | 16 replies
Every adult must be screened and approved, period.Here's a detailed guide on how to screen applicants: Application Screening Guide
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19 January 2025 | 8 replies
issued guidance saying that you can use LLCs if you get approved to do so.
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19 February 2025 | 4 replies
1) an investor will pay the least for your house.2) An assumable loan will only help if you owe at least 8-%, preferably 90% or more if the sales price for an owner occupant who will pay the most. 3) it’s been a VERY slow winter.
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22 February 2025 | 5 replies
Hi I am looking for HELOC on a primary SFH...speaking with some lenders I've run into two issues....(1) some won't give you credit for rental income if you haven't owned the property for two years (show two years of stable rental income) which can skew your DTI unfavorably (2) one lender said they don't give a HELOC if a borrower is carrying more than 6 mortgages.Would anyone have any leads for a potential lender?
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11 February 2025 | 0 replies
Purchase price: $265,000 Cash invested: $40,000 3/2 1728sqftLake access What made you interested in investing in this type of deal?