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17 December 2024 | 6 replies
Check those to see who lives the furthest away of the absentee owners and start there (or with the oldest people).
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19 December 2024 | 22 replies
This is very costly to an owner of course.
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18 December 2024 | 7 replies
I’ve seen this with small business owners that all the sudden end up in a cash crunch a few months into the next year.
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18 December 2024 | 5 replies
Would have to have all owners on board for this.
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17 December 2024 | 2 replies
Any ideas how to lower this or use it as a owner occupied property?
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17 December 2024 | 0 replies
This is NOT Business Credit.By establishing a separate corporate credit profile on the EIN Number (separate from the business owner's SSN/FICO), investors can access substantial business credit lines, capital for property acquisitions, and renovation funds without personally guaranteeing the debt.This approach creates a powerful financial firewall between personal and business assets while potentially generating a significantly larger (ROI) through reduced interest rates, increased borrowing capacity, and the ability to scale investments more rapidly.The education gap surrounding EIN corporate credit means savvy investors who understand and implement this strategy can gain a significant competitive advantage.
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17 December 2024 | 5 replies
The current owner rents for 650 per unit and is happy.
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18 December 2024 | 13 replies
@Lauren Cartmell 95%+ of agents only know how to do owner-occupied transcations:(So, be careful.Adding to the advice already shared, an experienced investor agent will know that there will be no showings without an accepted offer - to avoid pissing off your tenants with constant showings.
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16 December 2024 | 7 replies
I have purchased apts. in foreclosure because the lender did not know that they had negotiated a non-recourse loan with the owner.
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17 December 2024 | 1 reply
Do you need input from specific property owners or market experts for your "granular" data?