We’ve been working towards this for a few years, and it is very exciting to finally see the fruit of our labor!

Since the original loan was apparently for a primary residence an LLC could never qualify because it isn't a person who would owner occupy the property. 2.

With countless loan options, complex terms, and strict lending criteria, it’s easy to feel overwhelmed.

What loan size and loan to value?

Four months of arguing with different people and I finally got my $450 back.  

Before finalizing a decision to sell, I thought I’d get some thoughts from the BP forumThe only obvious factor I know to try to head off a problem is to carefully screen applicants.

Quote from @Beth Johnson: We pass all loan servicing charges through to the borrower including set-up fee, monthly fees, and any servicing charges such as payoff demand generation, and loan close out fees. 

After a $500 plumber bill I no longer wish to continue stressing out about this business; at the beginning (10 years ago) it was fun and challenging, now, after seen how we are the ogres (landlords in general), the outrageous government response with the eviction moratorium during Covid, the raise in taxes and insurance, service people who charge you more than a brain surgeon, the fact that this country is becoming dangerously socialist and the tenant drama I finally decided It is time to look elsewhere for investments.I just cannot find any information of what to do when I sell my properties.

Comps, vrbo/airbnb and finally pinterest is your friend.

By definition, these type of loans are not the same quality as what is traded on wall street.