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3 December 2024 | 15 replies
Additionally, transferring properties into a trust for estate planning purposes is possible if needed.To maximize your leverage, I recommend exploring multiple DSCR lenders for better terms and working with a real estate attorney to structure your LLCs for both protection and lender compliance.Let me know if you’d like more details or assistance with financing!
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4 December 2024 | 17 replies
Alternatively, using part of those funds to pay your current mortgage might help create additional borrowing room.
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19 November 2024 | 11 replies
Additionally, you could not move your Roth IRA funds into a Solo(k) because for some reason unknown to even the Department of Treasury (I asked them) Roth IRAs cannot transfer into the Roth bucket of a Solo 401(k).
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30 November 2024 | 14 replies
Do you have other properties that are paid off or could be part of the loan to provide that additional equity to the bank?
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27 November 2024 | 10 replies
Additional resources I'd recommend are:- The millionaire real estate agent by Gary Keller- David Greene's books from the BP Bookstore- The E-Myth by Michael Gerber*** These are not resources related to the course but are helpful for anyone looking to get into the business
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28 November 2024 | 22 replies
Moving forward we would just add it in the parking areas as well (the cost was not that high, just needs a good electrical source nearby).
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26 November 2024 | 9 replies
Additional things to consider: where is the breaker box and do both units have access to it if needed?
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27 November 2024 | 26 replies
It costs me $50/ PER MONTH and I can use it as a hotspot at no additional charge.
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26 November 2024 | 13 replies
Additionally I need an inspection every two years.
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29 November 2024 | 27 replies
@Brett Jones yep they are expensive, especially at that scale but consider the maintenance costs of additional heating systems and how he numbers change with more units.