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20 July 2024 | 11 replies
Best, Justin Hi Justin - as you've noted - DSCR Loans are typically the best bet for this (Mid Term Rentals) and typically are for these newer/innovative strategies as DSCR Loans are typically done by private lenders that can move and adapt fast (versus slower moving lenders that must follow GSE guidance or banks that are under a lot of regulation and bureaucracy)Check out this article published at the end of last year here on BP that talked about "whats coming next for DSCR Loans in 2024" - Medium Term Rental financing solutions was one of the main topics!
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20 July 2024 | 2 replies
You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.
19 July 2024 | 9 replies
The IRS in its Passive Activity Loss Audit Technique Guide published a sample Activity Log.
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18 July 2024 | 7 replies
You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.
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17 July 2024 | 10 replies
TIA Others have noted the Multifamily DSCR Loan option - just adding this article on the topic published last year on BP if it helps!
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14 July 2024 | 3 replies
It's an older book, published in the 60's I believe but I read "how I turned $1000 into a million in real estate in my spare time" by Bill Nickerson years ago and got a tremendous amount out of it.
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13 July 2024 | 5 replies
Purchase properties using a TrustI already have a Revocable Trust setup but it includes my full name in the title of the trust, so this would defeat the purpose of staying anonymous.I could create a new trust with a random name, but I heard the "Trustees" section of the trust also get published to public records.
14 July 2024 | 6 replies
When I ask for reasons I get cost of living, quality of live, moderate climate, fresh water access, no natural disasters and moving back to where they were from.From what I can see the trend to the Midwest is steadily increasing, but by no means as big as moving south.Your comment "This is an old statistic" Maybe I'm mistaken but they haven't published 2023 - 2024 since 2024 isn't over yet, But, if you have something that covers the country for all of 2024, I'd love to see it.
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15 July 2024 | 50 replies
The advertisement must be published once a week for three consecutive weeks prior to the sale of real property.
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12 July 2024 | 10 replies
You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.