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18 September 2024 | 6 replies
@Robin CastilloLLCs are useful for legal protection, but they require separate tax filing, typically cost several hundred dollars to create, and most non-commercial lenders will not lend to LLCs.Commercial lenders will lend to LLCs, but their interest rates are significantly higher and they require collateral that regular lenders don't.I would not create a LLC specifically due to the issues in getting a traditional mortgage it will likely cause.One potential route though, is to get a traditional mortgage in your name and then assume the loan after a 6mo "seasoning" period with your LLC.
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18 September 2024 | 5 replies
Regular inspections and preventative work can save you from costly repairs.
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17 September 2024 | 5 replies
so in 2018 i invested to one fund that's offering regular decent cashflows.
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18 September 2024 | 13 replies
Kathy is a regular host on BiggerPockets Podcast, On The Market so you may have heard of her.
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19 September 2024 | 40 replies
If you give them a key every time just use a regular lock, no advantage to you to use the smart lock.
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18 September 2024 | 1 reply
We strategically improved the property with minimal investment, focusing on cleaning and minor updates to enhance its market appeal.
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20 September 2024 | 31 replies
If your intent is to go ahead with the purchase how do you get around the inspection fee...another words do investors as a regular practice PAY an inspector to inspect the property even though its not really yours yet ...and may never be??
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16 September 2024 | 10 replies
Appraisal comes back clean and not 'subject to' (your lender can help here).
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18 September 2024 | 67 replies
It took setting up regular meetings with the PM (most people at the company, including the CEO have the option to book something on their calendar from a link in their email signature).
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18 September 2024 | 10 replies
Once you become an experience flipper you can also get better terms when it comes to hard money especially when you stick to using your regular lender.