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21 January 2025 | 4 replies
For that, you'll want to ensure your LLC is already set up and approved in the state where you’re operating.Most lenders are fine with the funds coming from your personal account, especially if the LLC is newly formed.
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12 February 2025 | 11 replies
In addition, they connected me to the preferred lenders who also helped with closing on the property within a short period time.
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29 January 2025 | 68 replies
million in addition to their investors (who expect a reasonable rate of return) by keeping the rental rates at a fraction of the market rate?
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8 January 2025 | 9 replies
Real estate investing has been a passion of mine for time with my mother also having invested early on where I likely have gotten the love and desire to follow similar foot steps.I have taken last 6 months to educate myself and currently own a single family home as primary residence and would like to expand to multi family properties (2-4 units) for additional stream of income, not to mention potential tax benefits for long-term investing.Based on current living situation, I have a fair amount of equity established in my primary residency along with having enough cash to either pay off house completely or use towards investing in a multi family property.Given that I'm the sole source of income for our household with my wife being the home maker for our two kids under 2, trying to weigh out risks with getting started now or perhaps waiting.
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8 February 2025 | 5 replies
Get a firm quote before committing.If appreciation is low, ensure rents are strong enough to justify the effort.
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4 February 2025 | 18 replies
In addition, you've got your HELOC on your primary you'd have to be paying back also.
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9 February 2025 | 32 replies
I always thought a bedroom has to have a window (which I guess is a second egress) or it cannot be listed as a bedroom but you can list in the comments on the mls as an additional bedroom NTC (not to code).
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30 January 2025 | 8 replies
I do have additional coverage for the sewer since I knew it may have issues before I bought the property.
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11 February 2025 | 3 replies
What zoning code could I request a zoning variance or rezoning that would allow us to have the 2 livable units on parcel, one primary residence and one additional living unit (known currently as ADU)?
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5 February 2025 | 0 replies
1) Renting garage units2) Additional Pet Fees3) Adding flooring insulation in the upper unit led to improved efficiency and sound reduction for lower tenants.