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23 May 2024 | 7 replies
Personally no, but it's just something I don't like to deal with.
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23 May 2024 | 7 replies
Since I'll be living in one of the units, my personal preference is to find something on the newer side, which would likely mean higher rent/unit but I'm worried the higher price point would limit the tenant pool.
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22 May 2024 | 6 replies
I would stay personally liable for the mortgage.
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20 May 2024 | 88 replies
The LLC is a legal entity separate from your personal self.
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21 May 2024 | 10 replies
@Beth Crosby this isnt an issue for a DSCR cash out product vesting under your current LLC but leasing the unit to a company you own rent the property will be an issue with most lenders.
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23 May 2024 | 3 replies
If so, that is the easiest-just say you had a number of applicants and you've rented it to another person.
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23 May 2024 | 4 replies
Should still have about $175k in capital on hand after adding what we will personally save from our budget during this time frame also.
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21 May 2024 | 34 replies
After that it becomes very personal depending on investors goals, abilities, interests, etc.
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21 May 2024 | 9 replies
I also have a wholesaling business (I wholesale a product - not related to real estate wholesaling) and was doing that prior to getting into real estate.
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21 May 2024 | 13 replies
Talk to a Mortgage Broker:Consult with a mortgage broker who can help you navigate these options and find the best loan product for your situation.