Were you a tenant in a homeroom property?

This may affect value or time required to sell.7) Adding an ADU does not make the property a duplex.

Hi All,Just purchased my first property and moved from San Diego to Charleston.

Our team along with clients all are heavily investing in the area, and it is a strong place to start. close proximity to New York and New Jersey, paired with extremely affordable property/taxes and high rental demand make it on most people's radar.  

When you do need an LLC is with MF properties or when you have partners.FNMA, FHLMC, FHA & VA all have due-on-sale clauses that may be triggered by transferring via a Quit Claim Deed (QCD) a property from your name to an LLC.

We currently have two rental properties, both owned in our names not in LLC. 

I help facilitate out of state investors find performing rental properties in various markets in the Midwest/midsouth so I am going to be taking notes on the comments here! 

On my property above I'm prep'ing to build a new unit...you could arguably say that changes the nature of the use...and it likely does.

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

You want to buy a $100k property. - You pay closing costs with cash- You need $100k in crypto as collateral- You get a mortgage on the property for $100k with a lien ON THE PROPERTY.