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17 September 2021 | 8 replies
HI everyone, Im on my second house flip and I was thinking of hiring daily workers ( carpenters, handymen , painters) for things that dont require permit pulling.
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29 September 2021 | 8 replies
XYZ Rental Co. and have your CPA get an IRS identification number for the DBA, or start a corporation that is not an LLC.I started 5 LLC's last year, in one day, and about 5 days later cancelled all 5 of them.
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17 September 2021 | 0 replies
We purchased several units that are in a Co-Op style property.
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18 September 2021 | 1 reply
We purchased several units that are in a Co-Op style property.
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17 September 2021 | 0 replies
Investment Info:
Single-family residence fix & flip investment in Aurora.
Purchase price: $308,000
Cash invested: $15,000-$20,000 with marketing/staging as well.
Lived in our first flip for 8-9...
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21 September 2021 | 12 replies
For HomeReady loans, financed properties owned by a non-occupant co-borrower that are owned separately from the borrower are excluded from the number of financed properties calculation.The following property types are not subject to these limitations, even if the borrower is personally obligated on a mortgage on the property:commercial real estate,multifamily property consisting of more than four units,ownership in a timeshare,ownership of a vacant lot (residential or commercial), orownership of a manufactured home on a leasehold estate not titled as real property (chattel lien on the home).Examples — Counting Financed PropertiesA HomeReady borrower is purchasing a principal residence and is obligated on a mortgage securing an investment property.
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17 September 2021 | 0 replies
Investment Info:Single-family residence buy & hold investment in Colorado Springs.
17 September 2021 | 0 replies
I haven’t seen many posts geared towards the state of workers right now so wanted to get everyone’s thoughts on the quality/availability of construction Workers right now.
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19 September 2021 | 16 replies
your insurance co needs to know it is a rental occupied by tenants (or vacant but will be).
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18 September 2021 | 7 replies
We are both social workers so our W-2 income isn’t great but adding hers to the mix would double what mine is.