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16 October 2024 | 10 replies
It is possible in theory, as Account Closed explained, but is very complicated and thus expensive to implement.
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15 October 2024 | 40 replies
I have also seen that it can be complicated to move a property into an LLC when the property was purchased before the creation of the LLC in terms of the mortgage terms.
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13 October 2024 | 5 replies
Why do complicated when out of state!?..
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12 October 2024 | 7 replies
I had some investors whose entity was too complicated for the bank to feel comfortable lending to them!
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16 October 2024 | 13 replies
Usually when someone shows up new to the forums with an inkling to do Section 8, they don't really understand the complications that can come from investing in them and have seen a YouTube or TikTok that makes it sound like a no-brainer to get paid by the government to be a landlord.
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15 October 2024 | 12 replies
.- **Cons**: You'll have to deal with multiple loan applications, closing costs, and monthly payments, which can be more complicated and expensive.### Option 2: Portfolio Loan- **Pros**: A portfolio loan allows you to use multiple properties as collateral for a single loan.
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11 October 2024 | 2 replies
Too complicated and feature rich can be a drawback as well.
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13 October 2024 | 19 replies
This is a COMPLICATED business to run at this scale.
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10 October 2024 | 14 replies
Inaccurate claims could lead to complications down the line, especially during future sales or refinances.Overall, the process is straightforward, but patience may be required as it can take some time to update records.