Most of the negative reviews of PMCs are from tenants that didn't like being told, "NO" or being evicted for nonpayment.

Consequently, the lender cancels $75,000 of the landlord's debt.In light of this situation, the IRS Chief Counsel provides guidance indicating that the foreclosure constitutes a taxable disposition of a significant portion of the landlord's interest in the property.

Hey all, first post here and excited to be a part of the community.I would like advice from experienced investors on their recommended incorporation structure for a business that will raise money from external investors to use in funding equity requirements of lenders in in fix/flips and BRRRR rentals. 

Connect with lenders and brokers and find a mentor doing what you want to do.

I'm looking forward to networking, and meeting like-minded individuals, maybe future partners, lenders, agents, contractors, etc.

It will have to be a private loan, hard money, a portfolio lender or cash of your own. 

Sometimes the lender will allow you to open a new HELOC and roll this balance into it.

Most draw requests are filled in 2 days, but this varies depending on the lender. 

Verify if there are any outstanding violations or issues that need to be addressed.Financial Analysis: Review the property's financial records, including income statements, expense reports, tax assessments, and utility bills.

Make sure you discuss the logistics of taking draws with your lenders ahead of time so they give you the green light.This is in fact something that can be done and investors do.