Wood + moisture = rotA window in a shower is a hard problem to solve.

In a recent post about how to minimize the taxes on rental income it was mentioned that: Setting aside reserves is an expense, so long as they are not excessive.

Some investors choose or get forced based on code to upgrade the excessing panel to 200amps.

and then there was Michael MastroCommercial Real Estatehe listed assets in excess of $249 million and liabilities of over $586 million in a filing with the U.S.

Then invest $72k in a year to generate the $900/month rent. 3) invest the $30k in an active investment that returns in excess of 15%.  

Nope, not in tertiary markets where you normally can find multifamily in excess of the 1% rule. 

Mike,You may need to check on Excess/Surplus Lines (aka Lloyds of London, etc.). 

Yes but, It's not like the foreclosure happens, senior lien holder gets paid off, and excess funds automatically go to HOA or whoever else.

Details below...We need a FAST cash-out loan product that requires only the personal guarantee of my business partner (60% ownership) to be used for: completing the remaining rehab and getting the 1st house rent ready, paying off revolving credit accounts to get her credit score up, and funding the other projects we have in the works.To help bring you up to speed on what's transpired over the 11 weeks we've been in business...We started our business on Dec 1, 2023, leveraged our "then" good credit/high w2 incomes to bootstrap the startup, assembled a rehab team, and are now about 2 weeks out from the completion of our 1st rehabbed property.We've closed on 3 properties, all owned free/clear, and have paid for renovations with personal funds/credit.My credit score was 810, but is now 592, due to excessive debt but 100% on-time payments, therefore can't personally guarantee a loan.My business partner's score is currently in the 700s, but likely wont be for long, due to her revolving credit % continuously increasing, as we push towards the completion of the first rehab utilizing her remaining credit on her CCs.Recently, I started researching the underwriting timeline for DSCR loans. 

In that sense, the forced appreciation is way in excess of the fee.