Hi all, turning over an apartment and it looks like tenants non-slip adhesive bathtub stickers have removed a layer in this tub.

You did mentioned you do not have active income so the other option would be doing a cash out refinance to get money out using a Debt Service Rental Ratio loan.

. - $45k balance (40% of BPO value)- 7% rate- interest only- maturity date 2/1/2026- mortgagor (owner) pays 3rd party servicing fees what is the value of the property?

Debt service on this is $2308/mo which seems really high.

Typically lenders for non recourse require the borrower to have a net worth that is equal or greater to the outstanding loan blance, have at least 1 year reserves for debt service and experience and or a track record.

Non-passive losses can offset non-passive income (like your W2).

Hi @Ricky M. in reality, a realtor can help you market your property the right way and post on the Multiple Listing Service (MLS) for you and expose to lots of investors who are looking on there.

Non-US citizens can have LLCs in the US which will allow you to have a business in the US, pay taxes, and comply with laws.

I'm just choosing my stack right now and I actually thought Hospitable, Guesty and Logify were all similar services and I would only need one of them.

I'm curious if anyone has found a reasonably-priced virtual bookkeeping service that is familiar with real estate investing?