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7 November 2024 | 7 replies
If they are 40-50 years old then potentially it would be more expensive to maintain/repair them.
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6 November 2024 | 5 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
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16 November 2024 | 12 replies
There are some serious housing perks with my new job offer: 1) $150K in a 0% interest forgivable loan for downpayment (10% forgiven each year 2) a special home loan program that is currently lending at an interest rate of 4.1%. 3) Can join a waitlist for on-campus faculty housing that is sold for at 50-75% of the fair market value consequently when you sell you are capped at how much you can sell for; waitlist for these homes is approximately 7-10 years and you can stay there until you die).
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8 November 2024 | 6 replies
Up to this point, this is how I understood Nevada LLCs: Nevada LLCs can maintain a level of privacy because the state allows for the formation of anonymous LLCs, meaning that the owners' names and addresses do not need to be publicly disclosed.
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11 November 2024 | 9 replies
I want to ensure I’m offering fair pricing for owners while building a sustainable business.
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10 November 2024 | 1 reply
When I came across this property, I approached the seller directly and negotiated a fair price based on the property's condition and potential.
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11 November 2024 | 14 replies
Your other great point is that her day job maintains her lendability--I hadn't though of that.
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13 November 2024 | 18 replies
Depending on how much you borrowed, you may need to walk into closing on a DSCR with a fairly large check to pay fees and any shortfall in DSCR loan.
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13 November 2024 | 13 replies
FlyhomesFlyhomes offers a lot of flexibility when it comes to buying and selling your home, and the worst case scenario is that you end up getting the appraised value for your home rather than the fair market value.
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9 November 2024 | 9 replies
Reading the answers definitely help me to clarify my choice of maintaining multiple accounts!