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1 May 2024 | 18 replies
Do you know if they have a requirement for sourced and seasoned fund verification?
2 May 2024 | 41 replies
A CSLB-issued license is required for all construction-related work that costs $500 or more in combined labor and materials.Thirteen of the 18 suspects were cited for contracting without a license (Business and Professions Code section 7028).
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2 May 2024 | 19 replies
Some real estate investments grow a little slower and even though there is monthly rents collected, there is deferred maintenance costs and management requirements depending on what type of properties.
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2 May 2024 | 12 replies
A heloc can "Never" be used as an "Asset" or for PITI reserves when buying another property which is required.
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2 May 2024 | 15 replies
The lender will usually require a letter of explanation as to why you're buying an investment property instead of a primary especially if near where you live.
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1 May 2024 | 16 replies
That's what the requirement is for if you wish to move out and make it a rental too.
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4 May 2024 | 28 replies
However, it's essential to maintain proper accounting records and ensure that personal and business finances remain separate to protect the limited liability status of your LLC.Value-add properties often require initial investments for improvements, and it's common for investors to face similar situations.
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1 May 2024 | 4 replies
That is the standard list of documents required by all banks if you are using a traditional loan.
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1 May 2024 | 8 replies
What factors do you consider when deciding between requiring a new tenant provide "First | Last | 1 month Security" vs.
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30 April 2024 | 8 replies
While I do not personally have a contact in KC, I'd recommend using BiggerPockets' Find an Agent tool.Its a FREE service for BP members like yourself who are looking to expand your network and find local experts.Here, you'll be connected with an investor-friendly with knowledge/experience in your desired location(s).