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18 February 2025 | 6 replies
Is interest so low that you can't justify having them more often?
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6 February 2025 | 2 replies
Short term (12 months), low loan to value with borrowers who have strong credit and significant assets.
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31 January 2025 | 10 replies
If they aren't charging a pre-disclosed & agreed upon Markup - they are probably hiding something to make money for their time.Good luck!
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13 February 2025 | 3 replies
Multifamily properties (2-4 units) can be a great way to build your portfolio while minimizing risk—especially with FHA or conventional low-down-payment options.Also, networking is huge.
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5 February 2025 | 35 replies
Is it possible to buy a property in Seattle low enough to get 1%, yes.
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18 February 2025 | 3 replies
I have found that the profit margins are very low in this model if the house is in a C/D neighborhood because you are limited to the amount of rent you can charge for each room.
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22 February 2025 | 7 replies
Bank Recommendations:Chase and Bank of America are popular because of their extensive business banking features and integrations with bookkeeping tools.Smaller community banks or credit unions can offer more personalized service and lower fees, but make sure they support series LLCs.Online banks like Novo or Mercury are great for tech-savvy users who want low fees and easy online management.What to Watch Out For:Hidden fees for transactions or deposits.Limitations on the number of accounts or ACH payments.Difficulty in maintaining clear separation between the series, which could risk the limited liability protection of your LLC.Since you’re using a Series LLC structure, it’s crucial to keep each property’s finances completely separate to maintain liability protection.
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19 February 2025 | 57 replies
The chances that you currently live in a city meeting all these criteria are low.
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2 February 2025 | 9 replies
However, looks like there is a harsh line as far as what locals can afford and if you go over that, vacancy is high.Watertown, NY- I’ve seen many great multi-family properties in the low to mid 100s.
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5 February 2025 | 17 replies
Interest rate: Your interest rate is XX% APR interest-only plus X points.