BUT even then, the contract is valid, it just violated Portland regulations and the owner would owe the tenant the local Relocation Fee (penalty, which is steep). 

Secondly all DSCR should allow you to close in the LLC without a rate hit.If you are going to take out any cash through a refinance in less than 1-2 years be careful of how many years they try and hit you with the Pre-Payment penalty. 

There’s a strong demand from investors who specifically seek Section 8 properties for their reliability, so it can make the listing more attractive to the right audience.That said, managing Section 8 properties isn’t completely hands-off.

Readers should seek professional advice.

It's good you're seeking advice and educating yourself!

The fees for a refinance / cashout would be ridiculous compared to the amount of money you're seeking.

Hi everyone!
My name is William, and I’m excited to be a part of this amazing community. I’m new to the world of real estate wholesaling, and I’m eager to connect with experienced investors and learn as much as I...

The rules are pretty complicated and the only people who really know all the terms and rules thoroughly are the Rent Levelling Board.Caveating that I’m not an attorney so go seek your own advice but I clarified a few things at a recent rent levelling hearing (which are open to the public and you can find the schedules with a simple Google).

Hi BiggerPockets community,

We are a married couple based in the California Bay Area, both working as software engineers with a combined income of close to a Million USD. We’re relatively new to real estate investi...

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