This is particularly important as you acquire more properties.Transferring the Property: If you're thinking about transferring your current rental property into an LLC, be aware of potential challenges that I have personally seenMortgage Implications: Check your mortgage agreement for any clauses related to property transfer.

We are looking to acquire an SFH that can be converted to a multi-unit duplex or a SFH in need of rehab that could be converted to a multi-unit duplex.

In February of 2024, Profound Commerce was acquired by the AMBR group for nine figures in cash and stock.After a short transition that ended in April 2024, we were out the door at AMBR.

Good afternoon, I've been exploring options to acquire a property for long term rental in the Philidelphia area. 

Looking for some understanding about because of my planned exit strategy.I have some questions about: 1> Cash Out Refi LTV: Single assets versus multiple properties2> Terms and best practices:3> Utilizing a Realtor4> Personal Guarantees: Stabilized/ Performing vs Personal creditSet up:Utilizing non amortized seller financing to acquire the property @ 35000/60 months.Rehab Estimates are not in in yet the property.

@Elia Caputo so, how many properties can you realistically acquire?

My book on Turnkey Real Estate Investing - Simple Concepts to Overcome Analysis Paralysis and Acquire Your First Rental Property in 29 Days (this title is a work in progress) should be released before the end of October.

Quote from @Tom Dean: Would appreciate any advice, I would like to invest somewhere in the southeastern quadarant of US (for example I'm open to somewhere like Missouri that isn't traditionally part of the "southeast"), looking for somewhere where I could acquire a SFH STR between $250k - 325k. 

The HELOC may or may not disappear, but it will likely be "extinguished" from the property title after auction.After a first mortgage lender forecloses and it's lien is paid off with the proceeds from the sale, any surplus funds from the foreclosure sale are distributed to creditors holding junior liens, like a second mortgage lender or judgment creditor.And by the way, YES you should serve notices prior to entry just to be safe.After you acquire the property, what is the goal? 

A capital expenditure is money spent by a business or organization on acquiring or maintaining fixed assets, such as land, buildings, and equipment.