29 August 2021 | 3 replies
I have VERY recently started acquiring property through judicial foreclosures, where I am bidding on the second position and acquiring the property subject to a first mortgage/DOT ( and a 6 month redemption period).
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25 August 2021 | 6 replies
Another loophole is to buy a second home which only requires 10% down and use it as a STR and after a short period of time just convert to a long term rental.
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9 April 2022 | 84 replies
There is, and always will be, some percentage of the population that will not conform, period.2.
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24 September 2021 | 5 replies
This area used to be filled with mom and pop investors with 1-2 properties but now big money and all cash seems to be winning out on almost every deal I see in the greater GR area and from those that are ok holding for a very long period of time.
4 September 2021 | 8 replies
Additionally, our closing period was set to allow for time for these tenants to vacate/find new housing.Best of luck!
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27 August 2021 | 8 replies
I have seen many suggest limiting to below a dollar value for for multiple SFR fix and flip properties.There's obviously a lot of opinions and different ways to do it, but one thing I have been advised is that when you move on to a new LLC, don't wind down the old LLC, but let it sit on the shelf for a determined period of time, otherwise you risk taking on the liability of the defunct LLC yourself, which obviously defeats the purpose of your LLC.
31 August 2021 | 15 replies
Over long periods of time (decade plus), it will out perform any other state.
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27 August 2021 | 3 replies
But, the 6 months is a standard seasoning period to refi for More than what is owed (a Cash Out refi) and you’ll likely have this waiting period anywhere, but there may be exceptions.
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28 August 2021 | 7 replies
Long term, we think this is a good move and there is a warranty with the unit where we will get service for an extended period of time in case anything isn't working properly.