Chris Magistrado
Defining Crystal Clear Criteria (CCC) for Large Multifamily Investments
9 January 2025 | 0 replies
OccupancyMost lenders require a minimum occupancy rate of 85%.
David Switzer
Question about ADA (no one seems to be doing it?)
14 January 2025 | 5 replies
Title III of the ADA requires the removal of architectural barriers in existing facilities unless it can be shown that removing the barrier is "not readily achievable."
Gabe Goudreau
Acquiring Properties With Different Partnership Structures
13 January 2025 | 7 replies
If you give someone over 19% membership interest in the deal, the bank will usually require a personal guarantee from that individual.
Daniel Chen
Section 179 Question for rental business
4 January 2025 | 11 replies
Note that active income isn't the same thing as non-passive income, it's lower bar that just requires that it's a business activity that isn't just entirely passive.
Heather Bailey
Insuring your House Hack
13 January 2025 | 6 replies
Requiring occupant to have renters insurance is another possibility for extra protection.
Michael Challenger
First Time Home Flipper Looking to Connect w Lenders
10 January 2025 | 12 replies
The issue I had was that most lenders required a certain number of completed flips done under a LLC.
Tony C.
Filing a 1065 Partnership return Husband/Wife vs Schedule E
15 January 2025 | 41 replies
It is more complex and has added requirements such as a formal set of books just like a corporation.
Jenna Schulze
Best city to begin investing
8 January 2025 | 34 replies
Toledo's economy has been more reliant on manufacturing, so understanding local economic trends is crucial.Beyond Cleveland and Toledo: You asked about other Ohio cities.
Ilir Livadhi
New to the U.S., Experienced Renovator Looking to Start House Flipping
15 January 2025 | 10 replies
I'm also a licensed mortgage broker with a lot of fix-and-flip programs, including some that require as little as 10% down on the purchase price, and provide 100% of the rehab funding.
Kmsuea Abdei
Should I sign an exclusive agreement with agent?
30 December 2024 | 12 replies
Quote from @Kmsuea Abdei: This used to be a state requirement, some states required it, and some brokerages required it.