Challenges?

Challenges?

It can be challenging to collaborate with out-of-state buyers on fix-and-flip projects unless they are experienced and have a solid team of contractors.

My next challenge is finding and partial buyer who will do it without taking over the entire note. 

Best of luck during this challenging time! 

I use the term safe harbor - meaning if there ever is issues with it then the attorney you drafted it is gonna have to defend it.

I am self-employed so it was a challenge just to get a loan in general, not being a traditional W-2, but that was finally overcome.

There are advisors out there who specialize in working with real estate investors and understand the unique challenges and opportunities in this space.

@Mitchell PetroskyHere is a structured approach to house hacking, including getting pre-approved for a loan, identifying an ideal investment property, building a trusted team, researching and making offers, managing the property effectively, and overcoming common challenges.

In fact it may actually complicate litigation in the event a claim were to arise while adding additional insurance expenses to your real estate operation.To explain why this is the case I’m going to ask one very simple question: In the event a tenant dispute, premises liability, or any other claim were to arise, what prevents the Plaintiff’s attorney from merely listing your wife who it seems is the property deed holder in your fact pattern as a Defendant?