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22 June 2024 | 7 replies
Go to the source and I bet you get the answer quickly.
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21 June 2024 | 1 reply
They also have flexible underwriting guidelines for self-employed borrowers.2.
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21 June 2024 | 8 replies
If you are willing to put down a larger down payment it might make sense with the flexible underwriting they offer, especially if you are going to run it as a MTR.
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20 June 2024 | 2 replies
Tax flexibility allows each series to be taxed separately or together.Practical Uses- Property segregation ensures that each property is owned by a different series.- Operational independence allows each series to maintain its own bank account and records.- Risk management ensures that problems with one property do not affect others.- Flexible transactions make it easier to sell, transfer, or refinance individual properties.Considerations- State variations mean that not all states recognize Series LLCs.- Management complexity necessitates careful documentation and legal compliance.- Lender familiarity issues arise as some lenders may not understand Series LLCs, thereby complicating financing.A Series LLC offers a streamlined, protective, and flexible way to manage multiple real estate investments.Thanks,
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24 June 2024 | 58 replies
Hey Ashni,with 100k down, you're able to work with some flexibility.
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20 June 2024 | 7 replies
We are very flexible and would highly appreciate any suggestions or recommendations you might have!
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21 June 2024 | 20 replies
The Midwest and Southeast would be your best bet but under $100,000 is pretty challenging to find these days unless you go to really bad parts of town, which I would recommend avoiding unless you're a specialist.
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21 June 2024 | 30 replies
@Florencio Nayve Huntsville (Madison county) is your best bet in my opinion.
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22 June 2024 | 17 replies
I think the best bet is to always use two reasons for rejecting an applicant (bad credit and a mediocre rental reference) unless truly egregious (i.e. a murder felony).
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20 June 2024 | 7 replies
There are a few ways to go about structuring the financing on investor loans with flexible terms to up to 85% loan to value.