
9 August 2018 | 3 replies
I do not think this is true... there is a common believe that you should establish an LLC to invest - and then you open a business checking account for your LLC.. other then that - the LLC has no TAX benefits... it is used mainly as an extra layer of protection between yourself and the property..3. for loans - nothing lower then 40% that is correct, however - you should buy first properties CASH, file income tax every year - and that will start your credibility in the US.. fell free to reach for any questions:-)4. correct in most casesGood luck!!

9 August 2018 | 18 replies
Im always looking for opportunities to add value (whether its a bedroom, bathroom, living space, etc.) in order to essentially create deals that other investors may have overlooked.The add-on created an additional 200 sf in which the appraiser valued at $100/sf giving me an extra $20,000 in value.

16 August 2018 | 9 replies
This acts an extra safety net as the bank has to vet the deal just as much as you do.
8 August 2018 | 5 replies
So if you buy it at $124 sqf. and you're rehab costs you $20 per square foot then you'd be at $580,000, plus extra fees (commissions, closing costs, mortgage, etc. etc.)

21 August 2018 | 8 replies
for new construction development extra.. it makes a HUGE difference I can tell you.. and I had 30 million out with them that I used to loan to flippers and I made the delta.. that was in my HML company and that was 5 different banks all same facilities..

29 August 2018 | 7 replies
It's not necessarily that you get a rent premium for having the extra bedrooms.

28 August 2018 | 4 replies
The loan officer said that if I pay it down using that extra $187, it'll shave about 7 years off of my homes mortgage.
9 August 2018 | 4 replies
It takes some extra knowledge, planning, and timing, all of which I was able to bring to the table and get him in the unit on time.

10 August 2018 | 16 replies
With the house hack and baby you may need the extra cushion in the bank.
9 August 2018 | 8 replies
When potential tenants try to "bribe" you with advance payments or extra rent, they're trying to hide something.