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14 May 2024 | 125 replies
You will probably still be required to provide maintenance at the end of the day most likely but it should relieve some of the burden because they understand your intentions going into the deal.
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16 May 2024 | 24 replies
Certainly open to other ideas and strategies, it would just require additional diligence from my end given my level of comfort and expertise would be lacking in other areas.
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15 May 2024 | 10 replies
If so, you'll get better terms, although not ALL lenders require US scores.
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15 May 2024 | 4 replies
The operating agreement is going to be required to be turned into your lender but the JV agreement does not always need to be turned in.
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15 May 2024 | 7 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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15 May 2024 | 8 replies
Given current rates and pricing, finding properties that cash-flow is almost certainly going to require more than 25% down.
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15 May 2024 | 1 reply
My mom has established new lease terms with a 5 year lease agreement with the Company in an effort to protect herself against the possible liability that would come from having to remove the blades, and required a huge insurance policy to protect her against this too.
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14 May 2024 | 14 replies
Operating partner agrees to operate manage property (includes marketing, housekeeping ops, maintenence, accounting, etc etc).Open joint bank account.
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16 May 2024 | 20 replies
I think it's $400.It's an extensive course and requires a decent time commitment but I would start there and use their templates.
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15 May 2024 | 16 replies
If you do HML or cash out refinance, they would still require to be 1st position.