Trying to get a sense if it's even worth exploring this on a smaller scale like I'm talking about.You don’t have to do anything but professionals will typically yield the best results (and save you a lot of time filing or potentially refilling)  

If youre planning on continuously deploying the cash from the equity in the condo, a cashout refi probably makes the most sense.Conventional loans are typically the better deal vs DSCR, but you wont be able to get a Conventional loan if the property is owned by an LLC.

These are small enough that they are still operated by ma-and-pa operators but they are typically easier to find funding, operators, and contractors for.

Broker’s License: In Kentucky, managing your own properties typically doesn't require a broker's license.

Hi there,Considering a duplex as your primary home and renting out the other unit is a great idea, but you need to understand how interest rates work in this scenario.When you buy a duplex and plan to live in one unit, you can still qualify for a residential mortgage, which typically has better interest rates compared to commercial loans.

From a tax perspective, there typically isn’t a significant advantage.

Typically, as the wholesaler, you pay for the inspection upfront, but you can sometimes negotiate this.In New Jersey, the end buyer usually covers closing costs in an assignment deal, but it should be clearly stated in the contract.Let me know if you need more details or further assistance with financing!

In 2019, we worked with Anna, a homeowner in Milford, NH, who needed more than just a typical real estate transaction.

Also, just know how the post-sale process typically works; sometimes there's lag time between when you "purchase" the property and when you actually get a deed/title document to it.4..

Cost segregation studies on condos typically result in a lot of 5 year life which is eligible for 60% bonus depreciation in 2024.