I got an email today that the BOI requirement was on hold again since the fifth circuit reinstated the injunction today.

Rumor has it that SC is trying to require state licensure for commercial lending as well.

Over the past quarter, I have seen around $1B in defaulted fix and flip loans - many of these from new lenders since 2020 and more of a "tech platform".As we all know, the intersection of tech and real estate investin...

We typically pay somewhere in the range of $3500 for a new, basic furnance, including install, if there are no other modifications to the system required.  

Some are basically affordable housing and some are vacation type rentals.

So, I also require that :Monthly Rent + Monthly Debt Payments <= Gross MONTHLY Rent * 45%This is similar to how mortgage qualifications work by considering the applicants' debt loan along with their housing cost in relation to their income.

Although I conducted a basic septic inspection during the closing, and the system is in good working condition, it still failed the STR inspection.

Quote from @Abhijit Roy choudhury: Financial Crime enforcement Network, requires reporting of Beneficial Ownership Information filing by 01/01/2025.Does this apply to us, Rental LLC owners.

It will be a can of worms for sure and they may go as far as requiring a full tear out and fresh submittal.

@Jaycee Greene  they require a non refundable deposit and give 48hrs to see proof of funds