They can do a quick feasibility analysis to help you understand a very basic scope of work, but when you need more a detailed report, they will do a WWU/SOR that can be used for your 203k loan, and this WWU/SOR will also include a cost estimate that can be used to help gauge contractor's bids.And thank goodness that the Standard 203k requires a contingency reserve to be automatically included with your 203k loan (10%-20%), but the Limited 203k does not.

@Nate Williams,I’m probably preaching to the choir here, but BRRRR isn’t just an investing strategy—it’s an all-encompassing lifestyle.Given your young family (and your wife’s pleas), I imagine an approach that leans heavily on rehabs to create value would be difficult to maintain, especially as your portfolio begins to expand.You do mention that you have $40,000 in cash, but also say that you want a bit of a cash buffer.

Working with contractors requires clear communication and detailed project timelines to ensure that deadlines are met and avoid overruns.

My name and my daughter’s name(s) are also in title and the loan.I have really good equity in both properties (six figure) with great interest rates.At some point my daughters and their husbands will move out to upgrade to something bigger.I want to turn these properties into investment properties after my daughters move out:  thinking the best way is to convert in my name only.Also considering leveraging the equity in the properties to help buy new homes/townhomes for my daughters when they are ready as well.Wondering what the best strategies would be for me to expand property portfolio, minimize tax impact , create more passive income while continuing to help my family grow.I appreciate any advice! 

Leslie provided more personalized service and set up regular conference calls so that one can hear about the details of various offerings directly from the sponsors.)The details of the offerings are rather extensive and filled with a lot of legal jargon, disclaimers, and risk analysis.

I just finished creating a survey on Google Forms this past week.

This is my personal opinion, which probably won't be popular.If you are worried about the cost of hiring an attorney to create a proper operating agreement for your LLC, you probably don't need an LLC, and if you choose to use an online site to create an LLC, you probably get the protection you paid for.

I advertise on the S8 website and send a blast email detailing my criteria.

@James Wise LOL, Devil is in the details.

Here are a few details on what we offer:✅ Purchase, Rate Refinance, Cash-Out Refinance✅ Loans From $100K to $3.5M ✅ Residential Single(1-4 Units) And Multi-Family (5-8 Units)✅ 30-year, 20-year, and 15-year Fixed OR 5, 7, and 10-year ARM ✅ Credit 640+The more experience you have and the higher your credit score, the better your rate and terms.