It's a straightforward process that keeps everything organized.

It's important to thoroughly research the auction process and potential financing options before diving into purchasing the 6 unit building.

Point here being: 1) you want it done right; 2) you do not want to be responsible for someone elses accidents; 3) You want to streamline your process (everyone is happier this way); and 4) you want to run your buisness as a business. 

If you have good credit above 740 and have 25%-30% to put down it’s really not a difficult loan process. 8 Units typically will offer a 1.25% DSCR ratio which is required in most cases but the approval is going to be based on the rents.

Does anyone know the process of when you purchase a home with a section 8 tenant in place.

I'm a US citizen but currently living in Israel, and I'm in the process of purchasing a property in Columbus Ohio.My plan is to do some rehab and therefore I want to take a hard money loan which will cover 80% of the purchase price and 100% of the renovation.While talking to the title company, they said there was no problem with me signing with a remote notary.But, the problem is with the lender who requires a wet signutre, and has given me the following options:1.

There's a more beneficial way of doing what you're already doing with just a slight tweak in the process.

I'm in the process transferring my REI from my name to my Series LLC.

I know LLCs can be used to invest in real estate, but I also read that someone created a leasing company to sublet the individuals personal real estate to the tenants with the actual owner having no liability since their leasing company LLC is the one responsible.This had me wondering how best to use an LLC, and I hope to hear from many of you to better understand how the LLC process works in the real estate world.

I'd follow JW's thought process and even consider posting a note on your neighboring doors...to let them know as a neighbor that it isn't appreciated that there is smoking inside, please kindly consider taking your smoking outside.I feel like the approach is everything here...Chicago is a weird place and hard to enforce a lot of things.