Quote from @Gian Pazzia: For properties that small, you should budget $450 per property and use cost segregation software like the one below from a trusted brand that has been in business almost 25 years.

Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

Quote from @Gian Pazzia: For properties that small, you should budget $450 per property and use cost segregation software like the one below from a trusted brand that has been in business almost 25 years.

I can't speak for other firms or using software for cost seg, but I'd assume that their fees just like ours are fully deductible as a business expense for professional services.

Title companies have been reluctant to participate, however, we just closed a loan in Texas where the borrower signed remotely using a remote notarizatiion service and the title company accepted this and issue a title policy. 2.

But it’s been a great business for us with minimal risk, a good return, and no need to please investors or manage employees!!!

During underwriting, preliminary title searches, insurance procurement, and appraisal arrangements are initiated.

Understand that you are no longer in traditional real estate/landlord business that you are in hospitality business weather you like it or noe even if someone else is managing the property.

I won't bore you with the details of the restoration business, but I just wanted to jump in here and tell you that Xactimate is probably not what you're looking for.I do flips and rentals on the side, and I'm looking for a simple software to track those too.

The costs for the LLC business will be paid with the primary business card.