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14 February 2025 | 24 replies
Hi Joel in Greenville, North Carolina-You have a rental property held in an LLC and you are looking for a lender who will refinance it.I would look into a Debt Service Coverage Ratio loan or DSCR loan that uses the rents to mostly qualify the refinance and less on you personally.
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9 January 2025 | 8 replies
I think this question is dependent upon location.
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11 February 2025 | 13 replies
If it sold for $120K in 2007 , and your rent is $2000 a month , the landlord is probably cash flowing rather well .
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3 February 2025 | 12 replies
I took out a mortgage on the property in November to help make repairs and rent it out.
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10 February 2025 | 3 replies
With a house hack you buy a single family and rent out rooms to roommates to make money OR a small mult-family (2-4 units) and rent out the other apartment(s).
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5 January 2025 | 2 replies
It's not just about the rent (which is huge!)
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4 February 2025 | 7 replies
It is one reason most LLs will not accept CCs for rent payments.
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14 February 2025 | 3 replies
Live in one room, rent the other three for $2400-$3000.
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12 February 2025 | 10 replies
Buy properties, get rent, buy more properties, get more rent.
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7 February 2025 | 7 replies
What they are currently using the home for (renting by the room vs renting the entire house to one group) isn't your concern.