
13 December 2024 | 15 replies
Transferring ownership to your LLC might trigger transfer taxes or reassessment, depending on your local regulations.Commercial lenders will evaluate your loan based on the property’s cash flow (DSCR) rather than your personal income, which is great for freeing up your DTI.

16 December 2024 | 19 replies
You may consider terminating the lease depending on how much time remains, your skills, the legal system, and other factors.Based on what you've said, I am concerned there's someone else occupying the home or something else is going on.

15 December 2024 | 9 replies
I have sold a couple of homes in Wayside village by Rausch Coleman and the monthly rent price depends on so many factors so I can't answer you a Yes or No.All the best.

12 December 2024 | 2 replies
Depending on the state, you will need a designated agent for your LLC, in that state.

13 December 2024 | 7 replies
If the rate is reasonable then it may make sense to try to save fast to get to the 3.5% down payment on a double or triple - househacking may allow you to increase your savings rate and pay down that loan even faster.As for estimating costs, closing in NY factor at least 1% of the mortgage amount for tax, plus $1500-2000 for lawyer, title and fees, then the amount required by the bank for escrow will depend on the actual property taxes and insurance.

7 December 2024 | 0 replies
I should be a little better at getting through the contract and the other detail tasks.

15 December 2024 | 38 replies
But with insurance claims it’s very dependent on the budget of the displaced family’s insurance coverage.

13 December 2024 | 9 replies
That can vary depending on the market and the level of service provided.Hope this helps!

15 December 2024 | 13 replies
What banks will do just depends on the bank, and your relationship with that bank.

5 December 2024 | 4 replies
They can handle time-consuming tasks like lease renewals, tenant correspondence, and basic admin work.