12 May 2024 | 12 replies
I have plenty of clients who 'make' enough and would have no trouble qualifying, but there is a benefit to keeping liability off of yourself and funneling your debt, et al. through the asset itself.Plus, if you keep it at 1-4 units, most DSCR lenders would still qualify that as "single-family" so you would still be eligible for 80% leverage on purchases and 75% (or sometimes 80%) on refinances.
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10 May 2024 | 36 replies
Cant go wrong with Crestcore or Reedy & Company.
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14 May 2024 | 13 replies
If I own A duplex and lease it to a management company that rents it out as a short term vacation rental there is no UBIT?
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13 May 2024 | 1 reply
Contact The Flynn Company for a leasing proposal.
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13 May 2024 | 11 replies
I’m so glad I trusted my gut.Is this the norm for companies to charge for educational services to purchase tax liens.
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14 May 2024 | 16 replies
Even if you hire a property management company, then you take on the job of managing the property manager.
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13 May 2024 | 8 replies
In regards to skip tracing, find and use a company that has flexible pricing options, volume discounts or discount memberships; this will keep your cost of skip tracing down.
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10 May 2024 | 22 replies
You can buy the property outright or you can use leverage.
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13 May 2024 | 2 replies
I'd say it takes about 3-5 years to really build up good credit where the company is taken seriously by lenders.
9 May 2024 | 3 replies
Its the only property I own. outside of my current residence that I currently have around $100k in equity.I was wondering how hard it is to leverage it into a $400k deal and that is the max I'd like to leverage to.