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5 February 2025 | 13 replies
Fannie Mae will allow you to transfer the deed to an LLC if you decide to try to go the conventional route, but the loan would still be in your names and you'll need to pay a title company a second time post-closing to do this for you. 3) I can't speak for the area so no comment there4) If you're self managing, make sure you find vendors you can trust in the area since you won't be able to easily verify if an HVAC guy, plumber, etc. is trying to rip you off and tell you to buy something you don't actually need. 5) Make sure you have clear alignment of goals and a clear operating agreement that spells out what to do if those goals start to not align in the future since you'll be jointly obligated to these properties.
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22 January 2025 | 4 replies
If they are professional, they can explain this quickly and easily.
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5 February 2025 | 14 replies
The lack of awareness of the risks is easily observed in posts written every day in these forums.
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19 January 2025 | 5 replies
Hey Patrick, You can easily do a 1st mortgage refinance or 2nd HELOAN DSCR Cash out while keeping title to your property held in an S-Corp.
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21 January 2025 | 2 replies
Im only charging $700 but I could easily get $1000 maybe $1100 considering what other places are going for and my place is nicer, and is in a quieter neighborhood, and has a yard, etc.
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27 January 2025 | 7 replies
If they are professional, they can explain this quickly and easily.
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9 February 2025 | 32 replies
A bedroom must have an easily accessible emergency exit.
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2 February 2025 | 7 replies
They EASILY paid $30k extra to get seller financing with $150k down.
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27 January 2025 | 7 replies
If you're looking for cash flow you can easily make $300/mo net on a single family property in a better neighborhood/condition.
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23 January 2025 | 4 replies
This type of deal can also help you minimize upfront costs, as you’re reducing the cash needed to buy the property outright by aligning the seller’s financial outcome with yours.While there may be details to work through, such as crafting a solid contract or ensuring alignment with any financing you bring in, these can be easily addressed with the right team in place.