Do you use licensed and bonded contractors?

Hello Kasan,In regards to new investors, HML will look for strong credit and liquidity which includes checking, savings, money markets, 401Ks, IRAs, Bonds, Stock, Mutual Funds, etc.

Here are options that we have to access funds to in order to make the deal happen:We plan to put down between 5-10% from bonds (hopefully nearer to 5%)We have equity in our current home that we will rent out when we move to the new primary - (owe 476k, could sell for about 675k)We have the ability to take out $50K as a 401k loan50k in CDs (not matured yet) - but would really like to hold on to these for reserves8k in stocks10 - 20k from FamilyThanks so much in advance!

(d) A promise or order other than a check is not an instrument if, at the time it is issued or first comes into possession of a holder, it contains a conspicuous statement, however expressed, to the effect that the promise or order is not negotiable or is not an instrument governed by this Article.Thus, a writing containing such a disclaimer removes such a writing from the definition of negotiable instrument, instead simply memorializing a c ontract.See also Bond (finance) Credit cardGovernment bond Letter of credit Notes receivable Student loan Warrant (of Payment)References3.

Property taxes can include things like school bonds, special assessments, even mandatory water utility collection.   

Competition cause more effort and more input (marketing, operations, etc) and drive return even lower.So right now smokies area need to be really care for the return perspective and exit strategy, most likely you can only sell to investors who seeking returns, which is around or less than bond.

In this case COC will increase and exceed CAP Rate (i.e. this is classic leverage strategy, it’s why corporations issue corporate bonds).

Check out this BP Article on Multifamily DSCR Loans for 5-10 Unit propertieshttps://www.biggerpockets.com/blog/multifamily-dscr-loansRates are a bit high BUT - are typically 30-year fixed fully amortizing (30-yr schedule) or even Interest-Only for the first 10 years, so even a higher rate might mean an equivalent or lower monthly payment with those termsExample from the article:Appreciate the lengthy response Robin,Only issue with DSCR is rate is higher AND my buyer will need another $19,000 down 25% vs 20%.

I have a lengthy Legal Opinion, from my seasoned Legal Team regarding this matter.

This is a fundamental fact in any investment class...real estate, dividends, bonds etc.The lower risk assets/markets (DC, Boston, Seattle) in real eatate actually typically have the higher return than the lower risk market (Baltimore, KC, Indianapolis).