
22 September 2024 | 8 replies
Another option would be to speak with your tax person about the requirements and expense involved in lending the cash to the llc when needed.

19 September 2024 | 6 replies
Kind of a misnomer since you aren't really "refinancing" any previous loan, but new debt on a previously owned property that was owned free and clear will still have "refinance" terminology label.Correct on not needing to see a history of rental income - just forward-looking, there will be some variance among lenders and situations though whether the refinance can occur only after the lease has begun or if they will allow the refinance with just a signed agreement but not yet commenced (i.e. if the tenant signed an agreement today 9/10/2024 for a lease starting 10/1/2024)

20 September 2024 | 22 replies
It did involve having to put in 3 dormers.

20 September 2024 | 0 replies
I really don’t want the seller to just walk away because the U&O is too difficult (I also went through this process about a month ago with another home.)Should I call offer some advice/contractors number to hire to get it fixed up, go get a lawyer involved, or do I have other options?

19 September 2024 | 4 replies
I can see the advantages of being able to get a down payment to reinvest in a small MFR and I will be able to capitalize on my lower interest for some positive cash flow.All of the disadvantages I can think of involve some upfront investment for legal advice and work, time for further education and that's about it.Any feedback will be greatly appreciated.Thanks all!

20 September 2024 | 25 replies
I look forward to getting more involved with this community!

20 September 2024 | 5 replies
Very few lenders do well in the space due to the risks involved (novelty, rules/regulations, etc...).

20 September 2024 | 6 replies
They offer bulk rates which can be useful if you're dealing with a sizable list.PropertyRadar: Apart from skip tracing, this platform offers a suite of tools for real estate professionals, especially for those in the western US.Tips on Other Types of Lists and Marketing to Homeowners:Driving for Dollars: This involves physically driving through neighborhoods, looking for distressed or vacant properties, and then noting the addresses to look up the owners later.Probate Lists: Properties in probate can sometimes be acquired below market value.

20 September 2024 | 2 replies
If you have multiple properties in a specific state you really should have an attorney draft your lease agreements and start to understand the laws or get a property manager involved to advise on these situations.

23 September 2024 | 25 replies
This is a really tough question to answer because there's no specific area involved.