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30 November 2024 | 11 replies
Am I, as the owner, responsible for pests that may or may not exist outside of the house and are brought into the house by the Tenant's dogs?
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28 November 2024 | 1 reply
If you are looking for loans on real estate or a business lenders don’t necessarily care about the credit history of the LLC - they care about the performance of the asset and your creditworthiness since you will most likely have to sign personally.I have established multiple LLCs just days before closing on large loans for different assets, those particular entities barely existed and the banks did not care.If you are talking about pulling a business line of credit (like a HELOC, but against your business equity) then the banks like to see some history of revenue.
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27 November 2024 | 1 reply
In general they will add the ADU only if it is existing living space such as workshop, bunk house, office, etc.
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1 December 2024 | 68 replies
The business plan to pay untenable returns is not untenable, it’s non-existent.
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2 December 2024 | 35 replies
Demand for rentals is near non-existent in this specific town during the winter, and demand is extremely hot in the summer months.
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27 November 2024 | 11 replies
Something to keep in mind though is that with the DSCR it is a new mortgage which entails higher closing costs as well as paying off any existing liens.
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4 December 2024 | 17 replies
One option is to pay down any existing debts (credit cards, car loans, etc.) to free up income capacity.
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27 November 2024 | 4 replies
It may impact someone who already has an existing respiratory issue, but it won't cause illness in a healthy individual.I recommend inspecting the property and determining the source of moisture.
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4 December 2024 | 18 replies
This policy will provide additional coverage above what your existing policy covers.
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29 November 2024 | 9 replies
Yeah nonrecourse is one of those things that exists in theory but is very, very hard to find in the residential space.