IE rent to a tenant for >12 mo,  dating before marriage, no late payments then with a down paymetn (long story here)  I'll sell on either a contract for deed (typically mobile homes on land) or a note and mortgage (regular nicer houses). 

Typically homes in-between tenants, or a new purchase with intent to have renters within 30 days this is allowed. 

- Of course, most of these PMCs weren't even properly licensed and were typically one-person companies.If you have an LLC, the PMC will only need the LLCs EIN.- If you chose to set up your LLC as a pass-thru entity, then you will need to supply your SSN.FYI - to avoid getting nasty letters from the IRS about errors (which might cause us to be audited), we will ask for a copy of your EIN assignment letter or a copy of your SSN card to confirm those numbers.

On the flip side, traditional financing typically offers better rates and longer terms but can take longer to close, and you’ll likely need stronger financials.If you’re trying to balance speed with cost-efficiency, it’s worth considering your project’s needs and how quickly you need to get funding.

Utilize tools like BiggerPockets for resources and calculators, and consider creating a simple spreadsheet to track property details, budgets, and timelines.

Anything under 4 is             typically considered a seller's market, while 4 to 6 months of supply is typically considered a balanced market.There are over 100 major cities on this list - I wanted to see how Raleigh and Durham stacked up (and North Carolina overall).

Many people utilize LLCs for many different ventures because they do not want to go through the hassle of opening another LLC.

There are alternative programs out there with reduced cost, but you are typically looking at 20% down. 

Conventional loans are typically in your personal name, while investment property loans, like DSCR loans, will need to be in your LLC's name.

Once converted to a rental, repairs and improvements may qualify as deductible expenses, but pre-conversion repairs typically do not.