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26 November 2024 | 13 replies
At first this sounds like a good thing because its a cheaper entry level but the more you own the more complicated life can get.
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25 November 2024 | 7 replies
@Charlie Martin Buying under an LLC offers liability protection and separates business finances, but it can complicate financing with higher rates and stricter terms, and lenders may still require a personal guarantee, impacting your DTI.For your first property, consider purchasing in your personal name for better loan terms and transferring it to an LLC later if needed, while using strong umbrella insurance to mitigate risk.
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26 November 2024 | 17 replies
Also, be sure to consult a CPA about the timing of transitioning properties to an LLC to avoid potential complications with financing or taxes.Take time to compare multiple lenders and products that fit your strategy.
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25 November 2024 | 12 replies
It is complicated because these investments are long-term, illiquid and completely out of your control.
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20 November 2024 | 9 replies
What are you talking about.All of the other investor-members above laid out an easy solution for a typical problem and also accurately stated that a lawsuit is unnecessary and won't work.
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26 November 2024 | 44 replies
Not all that complicated, really.
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20 November 2024 | 13 replies
I am having difficulty finding a lender who can match a loan type as the single family seems to be complicating things.
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22 November 2024 | 7 replies
Land development can seem complicated, but breaking it down step by step makes it much easier to manage.
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19 November 2024 | 12 replies
Frankly I think too many people try and "automate" everything with technology that they complicate things so much that it is hard to manage.Remember you will get older folks staying and they might not want to try and use a tablet.I agree with Michael.
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21 November 2024 | 9 replies
@Joel Bayer- I stopped using the BRRRR calculator a while ago because it doesn't handle complicated financing scenarios like this well.