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Results (10,000+)
Nevin Wilkie Refinanced my first BRRRR but bank will not let me put it into an LLC
13 November 2024 | 18 replies
You might also consider forming an LLC to manage the property-related business activities while holding the property in your name to stay within your lender’s requirements.Explore safer rental strategies: If you’re open to short-term rentals, Airbnb’s Host Guarantee provides additional liability coverage, which may offer peace of mind while keeping the property in your name.
Bruce M. Need Help for Rental Property Insurance in Nevada and Arizona
7 November 2024 | 7 replies
Get a few quotes and confirm you’re comparing the same coverage.
Josh R. What to do with a property that has too much equity?
12 November 2024 | 18 replies
60% LTV is not that low, particularly in a higher rate environment where the debt service coverage requirement (cash flow) is now limiting LTVs to 60-70% in many cases anyway.Separately, should be able to get a commercial loan with a rate in the 6s.
Steven Garza Hard Money Refi
9 November 2024 | 10 replies
The appraiser will do a 1007 to determine the market rent and the lender will use that figure to calculate the Debt Service Coverage Ratio.
Mike H. Loan product for self storage and metal building with NO INCOME?
11 November 2024 | 10 replies
Some DSCR (Debt Service Coverage Ratio) loans don’t require current income, focusing instead on the projected cash flow once you rent the units and building.
Jason Varga Wanting to make an LLC/Trust
6 November 2024 | 5 replies
If your insurance coverage isn't enough, they could seize the LLC assets, but not your personal assets.Additional thoughts:1.
Ed Hoffman Using a Quick Claim Deed or Warranty Deed to Transfer property from Personal to LLC
5 November 2024 | 15 replies
They made me move mine to $500,000, so I had a total of $2.5M coverage
Sharad Bagri Where to form LLC for real estate in Ohio
6 November 2024 | 5 replies
If your insurance coverage isn't enough, they could seize the LLC assets, but not your personal assets.Additional thoughts:1.
Kevin S. How should investment property be held from an estate planning perspective?
5 November 2024 | 12 replies
Also a side question: Do you buy Umbrella policy coverage amount 'equal' to the total amount of all your investment properties and personal net worth?   
Samson Ger Airbnb home insurance in canada
4 November 2024 | 1 reply
But I would suggest finding an insurance broker they can help you find the coverage.