
8 October 2024 | 5 replies
Also, the LLC does NOT eliminate any personal liability on the next loan application which is a popular selling point by ill informed DSCR brokers on this board (but they rarely mention the higher financing costs that come with financing in a LLC) IMO, proper insurance coverage is a better choice.

7 October 2024 | 24 replies
If you can there is no mention.
7 October 2024 | 10 replies
The fha 100 mile rule will be triggered whenever you try to vacate your current primary and also trying to use the rental income to qualify.However, this 100 mile rule can be exempted for the following rulesRelocationIncrease in family sizeVacating a joint owned propertyNon-occupying co-borrowerIf you are not trying to use FHA on your 2nd house hack, you can use conventional and the rules that I mentioned above will not be a concern and will be exempted.

7 October 2024 | 15 replies
I know this is a lot, and I do not expect a reply that replies to each thing I mentioned... although that would be nice.

10 October 2024 | 31 replies
As someone mentioned above, people tend to overcomplicate the process or the goals on what they're looking to achieve.

7 October 2024 | 3 replies
Even I was close to a fabulous house but the inspector was so thorough and he mentioned Wood Destroying Organisms and we found so much termite infestation in the attic etc that I decided it was too much work and moved on:)

8 October 2024 | 4 replies
I'll reach out to you to take a look to the resources you mentioned.

7 October 2024 | 3 replies
Our property manager mentioned that they cannot collect rental income for one property and divide it between multiple SSNs.Here’s their suggestion: "They are operating a business, and the IRS considers it a partnership.

7 October 2024 | 39 replies
What is worth mentioning is that for OOS investing YOU and your money are the real business.

7 October 2024 | 6 replies
As you mentioned they really take away the visibility from the street and roots could pose problems down the stretch.