3 May 2024 | 5 replies
Sharing an article I published here on BiggerPockets last year related to this topic on all about the financing options / qualifications / underwriting for STR income in case it helps you!
3 May 2024 | 8 replies
The qualifications are similar to the 1-4 unit DSCR programs.Happy to discuss further and answer any other questions!
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3 May 2024 | 3 replies
Opting for a reputable entity within the industry is advisable, and seeking out reviews can provide valuable insights in this regard.When seeking qualification for a hard money loan, lenders typically scrutinize four key factors: company structure, creditworthiness, liquidity, and collateral.
6 May 2024 | 62 replies
BTW, lying about your qualifications will be problematic if someone does sign up, doesn't get a property bought and you are unable to reimburse them as promised for any reason.
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2 May 2024 | 8 replies
There are a few qualifications that investors need to be aware of before they decide if this investment choice is right for them.Investor QualificationsDepending on the qualifications that fund management outlines, real estate funds may require that you have a net worth of at least $250,000 and that you contribute an initial minimum investment, which can range from $5,000 to hundreds of thousands of dollars, depending on the size and type of fund you're investing in.
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9 May 2024 | 159 replies
Don’t think you will meet qualifications even if you hit the 750 RE hours.
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2 May 2024 | 31 replies
YOUR ENEMY: To be found on AirBnB with the following qualifications... 1.
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2 May 2024 | 9 replies
The involvement of onsite management, often seen as a potential red flag, can lead to the property failing crucial qualification tests.
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2 May 2024 | 9 replies
Feel free to inquire about their staff qualifications if it's a larger organization.2.
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1 May 2024 | 1 reply
If not, we’ll need to have one ordered for you.Entity Documents (NEEDED FOR PREAPPROVAL):LLC/LLP i.Copy of Articles of Formation/Incorporation ii.Copy of fully executed Operating Agreement/Partnership Agreement (all pages & amendments) iii.Certificate of Foreign Qualification (if applicable) Corporation i.Copy of Articles of Formation/Incorporation ii.Copy of fully executed Corporate Resolution designating authorized signer(s) for the Corporation iii.Copy of fully executed Corporate Bylaws iv.Copy of stock certification v.Certificate of Foreign Qualification (if applicable)Identification (NEEDED FOR PREAPPROVAL): Copy Driver’s License or Passport for each Guarantor.Rent Roll (NEEDED FOR PREAPPROVAL): We’ll need to get an understanding of the current cash flow of the property.