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21 February 2025 | 26 replies
Just make sure you do your due diligence as not every lender who closes a DSCR (individual or LLC) loan will avoid reporting to personal credit.
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29 January 2025 | 1 reply
This way the wider outside lip contacts the entirety of the drywall while the wings are being deployed and tightened in place.Is there a way to pull the already wired, "old work" electrical boxes through the drywall cutouts from the inside out while not making the holes so big that the wider, outside lips of the electrical boxes can't properly provide contact to the drywall so it can be tightened via the screwed wings?
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13 January 2025 | 16 replies
.: The applicant needs a social security number or an individual tax ID number (ITIN).
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27 January 2025 | 35 replies
They provide fake checklists saying units are repaired according to agreed-upon inspection reports only to walk in to a home that is more damaged than it was during escrow.
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9 January 2025 | 2 replies
Also, are they providing the LOI to sign or can you just write your own?
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26 January 2025 | 3 replies
We're based in Tampa and, in addition to personally investing, I own a mortgage company that provides financing for tons of investors.
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19 January 2025 | 18 replies
If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.
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31 January 2025 | 22 replies
I believe they're almost 8% with that program currently but if it provides an entry point, you should consider it!
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27 January 2025 | 6 replies
Liability Protection: Transferring to an LLC provides asset protection but may not always be worth the hassle or cost.Next Steps: Review your loan agreements, consult your lender, and get advice from a real estate attorney and tax pro to ensure everything’s compliant and beneficial.
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29 January 2025 | 68 replies
Just wanted to provide the BP community with some context on this thread...Our team provides affordable housing for residents in multiple states, and unfortunately sometimes we run into unruly residents.One such resident is Shawn Sheedy.