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16 January 2025 | 3 replies
I'm currently working with an estate planning attorney and she said she said we could put the LLC in the Trust but said she was not the best person to advise on the pros and cons of that and that we should talk to a business law attorney.
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16 January 2025 | 0 replies
RELATIONSHIP WITH YOUR ADVISORS 🤝Good QIs:Work well with your teamRespect professional boundariesCommunicate clearlyStay in their laneRemember: The best QI relationships are professional, not personal!
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28 January 2025 | 13 replies
We are now at 21 doors under management and 3 are personal units that we self manage.
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13 January 2025 | 11 replies
If you used a loan to rehab your property and find yourself in a difficult position, doing a straight refi (just paying off the old mortgage) will be easier than trying to pay off the original loan and take additional cash out.
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22 December 2024 | 2 replies
It sounds like the issue is with the Debt Service Coverage Ratio (DSCR), which lenders often use to determine how much they’re willing to loan.
31 December 2024 | 8 replies
@Raif Jochim without knowing details of each loan, I would almost always choose the primary home.
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18 January 2025 | 9 replies
@Madison Sloan All depends on what you're willing to accept and if you can get approved for a loan now or not.
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18 January 2025 | 8 replies
I say "may" because while I have read about this in several places, I have not personally verified this to be true.I usually pay contractors by check the minute the work is finished and approved.
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22 January 2025 | 3 replies
I find it's very personal, and dependent a lot on your goals, resources, risk tolerance, location, experience, etc.
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12 January 2025 | 23 replies
Maybe we can help a lot of people on this Bigger Pockets platform.So if you are an experienced investor, flipper, or buy and hold person?