
26 June 2024 | 8 replies
For example, I recently went though and applied for a business line of credit for about 8 banks - I was approved by 2 of them, therefore I opened up checking accounts in those two banks.

26 June 2024 | 18 replies
Pa LLC should be 2 member for limited liability protection to apply.

25 June 2024 | 1 reply
Here are a few ideas:- HELOC: depending on how much equity you have in your property, you may be able to apply for and borrow against that equity- DSCR: BP now has a find a lender link and I'm happy to recommend mine as well if you'd like; there are lenders who do loans based on the future rental value of the property- Borrow from your 401k: typically you're able to borrow up to $50k and if you have multiple 401ks, borrow from multiplesHopefully this gives you some ideas of other options to bring in some cash for your investment!

25 June 2024 | 15 replies
In addition to keeping doors and windows operational, requiring renters insurance, develop a standardized criteria that you will apply to all dogs/cats.

27 June 2024 | 26 replies
This only applies to the investment portion of the property.Holding period: The length of time you've owned the property affects whether gains are taxed as short-term (ordinary income rates) or long-term capital gains (generally lower rates).

25 June 2024 | 6 replies
@Chris Rogers higher interest rates have caused most Class A property purchases to NOT cashflow for an approximate 3-5 years.So, many naive investors are chasing Class B, C & D properties to cashflow, WITHOUT fully understanding the scope of the additional risks involved:(Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

26 June 2024 | 45 replies
@Ahmad Moore- thanks - if ypu purchased in July 2023 - you can apply and get loan approved now - you may need to wait until July to close ....seasoing varies from state to state and program to program

25 June 2024 | 35 replies
Sue K. this is federal law...applies to all 50 states.

25 June 2024 | 2 replies
Instead of applying for a new mortgage the buyer takes over the sellers existing mortgage loan.

25 June 2024 | 6 replies
The square footage is applied to the main house as well.