
3 May 2024 | 12 replies
HELOC: they are out there, but you typically have to hold title in your name and not under an entity. 70% LTV is usually the cap, and rates are double digits (mid teens).

3 May 2024 | 8 replies
Without that you can be sued personally for any issue within it on your str.Its much harder for people to pierce the corporate vail and sue you personally if your property is owned and managed in a LLC .Financing is one of the only drawbacks as it is a commercial process and banks usually like to see 3 years of a decent tax return.We have 19 properties and all are in an LLC and in fact we only hold 2-4 properties in each LLC (all are owned by one parent company and done in one flow through parent company)to even further shield the liability that may/can occur on a property.There is no doubt you are exposed to higher risk on many fronts if an investment property is held personally.

30 April 2024 | 12 replies
I want to use my VA loan to house hack a multifamily property and once my 12 months is up rinse and repeat that for two years.

2 May 2024 | 5 replies
Investment Info:Single-family residence buy & hold investment.

2 May 2024 | 3 replies
All in after closing/holding costs we were all in at about $1,270,000.

1 May 2024 | 14 replies
I do have many repeat renters and the leads I get that I steer to Houfy, seem to be able to use it seamlessly.

2 May 2024 | 13 replies
Would love to connect with you as I am originally from the area and can point you in the right direction with refis/buy and holds.

2 May 2024 | 8 replies
Buy and Hold: Norfolk (Best Cashflow Potential), VB (Townhomes tend to work well, Green Run is a great area for cashflow), Chesapeake, Newport News, Suffolk (Less Military presence which is why i would put last.)STR: VB (in the proper zones if you have the money $850K+), Norfolk(Ocean View area specifically but have to watch out for the AICUZ restrictions), Leave the restPart of that decision process is distance to that I would need to travel to deal with rehabs, I hate dealing with the tunnels so I would almost always pick places on the peninsula last since I am based in Chesapeake.

3 May 2024 | 14 replies
Do you recommend any absolute hard and fast rules to hold the company to or essentially interview them and then if chosen, let them do their thing?