@Matt Eade I'm not an attorney and this isn't legal advice, but you're not required to form an LLC in the state where the property is located. 

This is several thousand dollars less than I would’ve gotten at the full 75% LTV, but she claims it is a Fannie Mae requirement?

I am Richard, physical therapist by trade and in the beginning stages of real estate.

I'm a licensed realtor in my market and have the ability to hire showing agents to open a secure box with a physical key that only other licensed professionals can access.

That said, it is demanding physically and timewise on my spouse especially and I'd like to have a solid RE portfolio in 5 years to give him more time freedom as our toddlers enter school.My goal is to have 500k in *annual cash flow* in 5 years.

Hi! My friend told me about this site and I’ve made some connections with professionals but I would like to make connections with people starting out who aren’t selling anything. She told me the Facebook group is amaz...

I've been utilizing Wheelhouse for market analytics and insights, but I find it lacking in the depth required for our needs.

Condotels generally require a minimum down payment of 20%, which all comes down to the condo financials and the condo questionnaire once under contract as to whether or not more than 20% down payment will be required.

Look for properties that require minor renovations or improvements to increase rental income and property value.

Details below...We need a FAST cash-out loan product that requires only the personal guarantee of my business partner (60% ownership) to be used for: completing the remaining rehab and getting the 1st house rent ready, paying off revolving credit accounts to get her credit score up, and funding the other projects we have in the works.To help bring you up to speed on what's transpired over the 11 weeks we've been in business...We started our business on Dec 1, 2023, leveraged our "then" good credit/high w2 incomes to bootstrap the startup, assembled a rehab team, and are now about 2 weeks out from the completion of our 1st rehabbed property.We've closed on 3 properties, all owned free/clear, and have paid for renovations with personal funds/credit.My credit score was 810, but is now 592, due to excessive debt but 100% on-time payments, therefore can't personally guarantee a loan.My business partner's score is currently in the 700s, but likely wont be for long, due to her revolving credit % continuously increasing, as we push towards the completion of the first rehab utilizing her remaining credit on her CCs.Recently, I started researching the underwriting timeline for DSCR loans.