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12 November 2024 | 10 replies
(Again, I know it's preference and variables but generally and in your personal opinion with your experience).TThank you in advance for your input here.
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12 November 2024 | 1 reply
While my insurance charges are relatively low each year given this is a condo, I learned to better assess who is behind budget planning at the HOA level for all of the units for roof, cleaning costs, basement improvements (shared by all units), given this was run well by one individual.
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13 November 2024 | 8 replies
In my experience, banks aren't generally interested in financing the acquisition/rehab of a residential investment properties, but rather they prefer to refinance your HML once the property is stabilized.
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14 November 2024 | 22 replies
If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.
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11 November 2024 | 10 replies
My name is Eli and I’m interested in doing fix/flip and BRRR’s I’m glad to be apart of this amazing community and can’t wait to connected with other like minded individuals!
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13 November 2024 | 14 replies
Honestly, I wasn't aware that they were taking investments from individual investors.
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15 November 2024 | 18 replies
How to set keyword alerts on BiggerPockets here: https://app.tango.us/app/workflow/Setting-Up-Keyword-Alerts-on-BiggerPockets-bf910b235a4a4d2fbcbffafaa0fe3cf7If you set keyword alerts you're more likely to find others talking about your area and I suggest reaching out to them individually if they seem knowledgable 2.
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13 November 2024 | 5 replies
This will help direct your search to the right areas, property types and price point.If you're purchasing all-cash, skip that step.Depending on your goal and preferred timeline for closing, the majority of your time should be spent searching for and analyzing deals.Searching: Look at public listing sites; connect with an investor friendly agent and choose 1 to work with who can search MLS and off-market inventory; for additional off-market options, consider growing your own database of wholesalers and homeowners Analyzing: Your agent can send comps and you can also search public listing sites for sold homes.
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13 November 2024 | 34 replies
If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.
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12 November 2024 | 5 replies
But for straightforward setups, you can actually form an LLC directly on the PA Department of State website yourself, and it’s very cost-effective.For larger portfolios or more complex structures, some investors prefer going through a real estate attorney to ensure their LLC is set up to maximize tax benefits and liability protection.