Travis Peterson
Best option for financing vacation home.
1 May 2024 | 10 replies
If you’re going conventional on a second home, you might want to consider putting even more down and make sure that your debt to income ratio is <41%, and credit at or above 780, ideally, as the GSE’s just made changes to the Loan Level Pricing Adjustment (LLPA) just got even more expensive effective 05.01.2023 but most lenders will either incorporate this into their pricing or will then.
Jake Hughes
Finding Tenants, background checks, creating a lease
2 May 2024 | 18 replies
Make sure you use a state-specific lease so that you are incorporating any specific regulations and disclosures relevant to the state you're doing business in.
Frank James Batignani
Setting up a FL LLC with a NY address
30 April 2024 | 1 reply
https://www.mycorporation.com/learningcenter/incorporate-in-...
Account Closed
CA Handyman (not Contractor) has started asking for $500 in Labor per job
2 May 2024 | 41 replies
Handyman Jr *just* because I felt sorry for him not getting any work with his dad these days cause his dad continues to masquerade as a (licensed) contractor and quoting 'contractor' prices as if he's insured and everything, when he's not.If I do not incorporate but just wait for my contractor license to go thru (the business name they require applicants to chose on the CSLB application is in my case, simply my first and last name, as that's how I did biz in NY as a GC) do I still have to pay FTB $800/yr, and even if I dont do business my first year?
Natalie Medved
Furnishing STR Do's and Don'ts
30 April 2024 | 29 replies
When I planned the design I incorporated a good deal of rod iron (we did a mix metal theme in the house) in the custom stair case that we put in (after photos below).
Yinan Q.
Two LLCs own one property?
27 April 2024 | 19 replies
Depends on your local rules and regulations, but in the state of Virginia such a practice is perfectly lawful.PS: Do not take model legal language and incorporate it into your contract unless such language comes from an attorney.
Roy Gottesdiener
House hacking math doesn't add up
26 April 2024 | 21 replies
We have an amazing rent vs house hack calculator that will do all of this math for you (pictured in graphics above).
Terry Portier
How to become a Hard Money lender?
26 April 2024 | 44 replies
Also, if you are operating as a LLC, the State of your incorporation may not allow your LLC make lending a business purpose of your LLC.
Jason Phu
cash flow or appreciations (in California)
24 April 2024 | 19 replies
They incorporate ADUs into all of their BRRRR projects.
Will Ostransky
How to Calculate Revenue on a MTR in South Denver
22 April 2024 | 5 replies
The plan would be to partner with local hospitals, insurance agencies, businesses, etc. and incorporate great amenities, where I would imagine I could make a better return, but that's where I'm struggling to determine how much better than listings in Furnished Finder.