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14 December 2018 | 13 replies
The land trusts remove your name from public record for the "child" series, while the Agent Trust will remove your name from public record on the "parent" Series LLC - which makes this entity insanely difficult to "discover" from the outside.
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15 November 2018 | 7 replies
However, I would caution you that they are best when used for short term needs.
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15 November 2018 | 3 replies
Thanks, Bryan Clement FYI the mortgage industry is still using the decade old FICO models, not the most current ones (queue 50 borrowers a month: "But my Discover Card says it's 30 points higher than what you just said!"
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15 November 2018 | 4 replies
Generally speaking, if you borrow 100K (70k for the purchase 30k for repairs/upgrades) what will happen is this: To close they will require proof of 1yr homeowners insurance to be paid, eliminating the need to escrow it because HML are short term solutions they will probably require it to be paid back within a year.
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19 November 2018 | 69 replies
In that situation, if everything else checks out and they are just short of 3X the monthly rent, they might know someone who will do this for them.
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27 November 2018 | 7 replies
Reason being, once you gave a big fish on your hook, the time allotted to you to reel it in is short.
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16 November 2018 | 3 replies
We listed a property at 137K. After we had the final city inspections it was determined that we needed to build a new garage because our fixes were not sufficient. So we let buyers know a brand new garage is being con...
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12 January 2021 | 15 replies
This interior change forced us to consider the short term rental market and how it could actually be a desirable feature for this market where a group may be interested in renting both sides like adjoining hotel rooms.Our total cash into the renovations was extensive ($95,000).
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15 November 2018 | 0 replies
In short, the property is a Florida duplex that we will likely lease as short-term vacation rentals.
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16 November 2018 | 6 replies
I'm not speaking from experience but from what I've discovered here on BP.