
26 September 2024 | 5 replies
“The launch of the United States’ beneficial ownership registry marks a historic step forward to protect our economic and national security,” said Secretary of the Treasury Janet L.

28 September 2024 | 17 replies
If you only have 25% equity in the other property and no cash, then that probably will not work as its too risky for the lender unless you also have other properties to secure it with.

25 September 2024 | 4 replies
This basically releases the one moving out and the security deposit stays with the property.

26 September 2024 | 7 replies
Lenders WILL allow a secured loan ( like a second mortgage, HELOC, Cash out refi loan).

25 September 2024 | 9 replies
All that "certainly yes" cheerleading (and other Grant Cardone-style baseless crap) is best ignored.Read this older thread that states my opinion on the issue:https://www.biggerpockets.com/forums/51/topics/1124042-tax-d...

25 September 2024 | 5 replies
Granted, it can become more efficient if you are using your OAs as templates for each new deal, and only changing basic business terms.And as for BRRRs, owning in an LLC does change your financing options.

26 September 2024 | 0 replies
For this deal, my mother and I secured financing through a Debt Service Coverage Ratio (DSCR) loan, which allowed us to borrow based on the rental income potential of the property.

2 October 2024 | 48 replies
I called VRBO customer service and was told, "Well, you have a security deposit.

25 September 2024 | 11 replies
It's the same thing from a dollar perspective as it's just the accounting classification of funds, but since they applied the security deposit to the rent they also took part of the security deposit as late fees for themselves which just feels wrong since they didn't actually get the rent, but just applied the security deposit.