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18 December 2024 | 12 replies
However, maintaining a good relationship with your previous lender is also valuable.
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18 December 2024 | 13 replies
By posting a notice, you maintain control while ensuring expectations are clear and legal.By the way, I don't recommend an exact 30-day notice and then dealing with prorated rent.
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11 December 2024 | 6 replies
We have a disabled son and can’t maintain full-time residence there so that’s why we’re selling.
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17 December 2024 | 8 replies
In addition, 1031 Exchange Qualified Intermediaries are generally not required to be bonded, insured or maintain any other form of minimum equity capitalization.
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19 January 2025 | 269 replies
•Low time requirement for operations – the rental operations can be automated to a large extent maintaining a high hourly return and helping ensure quality control.Financing We have found a mortgage broker who seems to be doing a good job so far.
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29 January 2025 | 107 replies
This is usually the case if past owners did a poor job maintaining, and just hired the cheapest neighborhood handyman to patch everything.
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19 December 2024 | 82 replies
•Target a property in the $800K–$1M range to maximize leverage while keeping costs manageable.2.Open a Second LLC:•Create a new LLC for this property acquisition to separate liabilities and maintain a clean structure.3.Assign Funds & Organize Finances:•Allocate funds to property improvements, marketing for new deals, and reserves for emergencies.
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13 December 2024 | 2 replies
Discuss this with the lender before proceeding.Partnership or Joint Venture:Structure the purchase with a partner or entity while maintaining the assumption in your name.This allows you to benefit from the entity's structure while complying with VA loan rules.Entity-Owned Financing:If assuming the VA loan isn’t feasible, explore refinancing into a non-VA loan owned by your entity after the property is acquired.4.
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12 December 2024 | 7 replies
Murray Hill is a great area that will fit your budget and allow you to maintain occupancy.