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5 February 2025 | 5 replies
I think they meet in person, but not sure it may be on zoom - they are not members of MAREI, so I don't have all the info - they do post their meeting on Meetup.And there are a lot of virtual meetings, plus MAREI events on our calendar.
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6 February 2025 | 7 replies
I currently use Wells Fargo and it’s a pain in the butt to keep going there in person and setting up a security deposit account.
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31 December 2024 | 3 replies
Many banks limit personal loan amounts.
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10 February 2025 | 2 replies
Just keep in mind that there are further steps you'll want to keep to minimize the possibility that your entity is ignored for this kind of personal liability (say, if you were the person who didn't properly clear snow, or if your finances and the LLC's are comingled).And I agree with @Chris Seveney, insurance may provide adequate protection based on what's available to you.
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8 January 2025 | 11 replies
The rules and payment standards vary significantly from one area to another, so familiarizing yourself with the local housing authority's procedures is key.
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17 January 2025 | 22 replies
The GC is a business person who doesn't care about your ARV, LTV, or your budget.
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4 February 2025 | 6 replies
Look into a DSCR, Debt Service Coverage Ratio, loan where the rental income can be used to qualify the cash out refinance instead of your personal income.To Your Success!
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8 February 2025 | 13 replies
NOTE: an aggressive attorney can still track you down.LEGAL PROTECTION: By placing your assets in an LLC, you legally separate them from your personal assets.
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3 February 2025 | 2 replies
I had belatedly realized that FHA goes off personal credit and therefore I couldn't use the LLC for it.