Michael Klick
2025 and Looking to Invest in Real Estate
4 February 2025 | 12 replies
That would be a separate mortgage and not what amounts to a second loan on your personal residence, which if you have spouses, they might not be that into.
Nicholas Jackson
Prequalify possible applicants for my rental RentRedi
1 February 2025 | 3 replies
Quote from @Dereck Olson: Hi Nicholas, Just a thought from the possible tenant's perspective, but filling out a prequalification form and/or providing personal information before they have even seen a place and know if they will be interested in living in the property might be a bit too much to ask.
LaShon Evans
New Late Start OOS Investor - concerned about assets/need LLC?
5 February 2025 | 10 replies
If someone injures themselves and sues, they will sue the LLC and not you personally.
Gregory Schwartz
"Am I experienced enough to raise outside capital?"
29 January 2025 | 32 replies
A person doesn't have to like these new realities but realities they are none the less.
Angelous Ultionem
FHA loan questions
3 February 2025 | 2 replies
I had belatedly realized that FHA goes off personal credit and therefore I couldn't use the LLC for it.
Diana Teng
Should I Buy My First Rental Property Out-of-State If I'm Unable to Scout the Area?
2 February 2025 | 55 replies
However, because I am unable to make trips to scout locations or look at homes in person.
Sophanara Khoeun
New to Investing: Repairman? & Hire or Not to Hire a Property Management Company
31 January 2025 | 10 replies
Is there a point of contact person/business that handles all home investor concerns (general contractor, engineer, etc.)
Justin Mathews
REIA Meetings in St. Joseph MO?
5 February 2025 | 5 replies
I think they meet in person, but not sure it may be on zoom - they are not members of MAREI, so I don't have all the info - they do post their meeting on Meetup.And there are a lot of virtual meetings, plus MAREI events on our calendar.
Holly Thorsen
Lending question re: HELOC/loan options
4 February 2025 | 6 replies
Look into a DSCR, Debt Service Coverage Ratio, loan where the rental income can be used to qualify the cash out refinance instead of your personal income.To Your Success!
David Sotomayor
Seeking Advice: Using a Cosigner for Fix & Flip
2 February 2025 | 4 replies
Also, would this loan help build my personal credit, or would it only report to business credit bureaus under my LLC?