Investors in the Residential space are known to assume Loans and use creative ways to do a warp with the underlying mortgage when the seller has equity.Pl, leave your constructive thoughts and comments looking for #Commercial Lender who could help with a phone # so I can follow up.Thank YouBest RegardsKishore P They don't...typically.

The seller needs moving money, there are oftentimes an arrears that has to be paid on the loan, there are oftentimes HOA fees that are due, there are title costs, there are escrow costs, usually there is deferred maintenance, you have to make mortgage payments out of pocket until you get a renter in there, you have to pay utilities and taxes, and you need reserves in case it all doesn't go as planned.3.

One thing to keep in mind is that institutional lenders typically won't allow you to borrow the down payment.

Can you do this, potentially but typically it will be written that you need say a 2/3 or 3/4 or high majority to do this.

Most investors utilize DSCR loans, so I wouldn't necessarily fear not being qualified for the next purchase, you have options. 

I also want to be able to utilize the LLC to take advantage of the many tax codes an LLC offers. 

In a typical $1000-1500/month rental I think most people would be expecting a $100 faucet with $100 to install. 

And as a new investor, typically you don't that much money to put towards handyman every time something goes wrong. 

I don't know if I can trust her or if in a month she will change her mind or come up with an excuse to not leave.police won't remove her for tresspass since she was given a key, even though it was by someone who had no right and wasn't even a tenant at the time.I have trash and sewer utility bills in my name from them.

Jordan told us last year she manages around 200 units, and then she signed up to manage 19 of mine, so she is well over 200 units which is likely too many for a single person, but hiring more people and managing a team requires a different skillset than just being a property manager, I'm not sure Jordan has the skillset to run a team of people or manage tasks effectively but I'm trying to be patient with her since my units are all full now that I left Mcdonnell.Milltown Realty seemed to have a good management structure in place, they limit the number of units each property manager is responsible for and utilize a team approach for maintenance and other items.