If the payments come from a joint account that you and the co-borrower own together....then you are out.  

If the payments come from a joint account that you and the co-borrower own together....then you are out.

u=e88e905525f6828012c4b021c&id=bd68844893&e=50f811b063They update us on everything important that's going on with property management in Illinois and the Chicagoland area, including the rental assistance funds.

Once I understand all the data I create a simulation how to achieve DSCR > 1.9 including PM fee so the house is self-sustainable when repair is required.What I found is there are the specific sweet spots and an inverse U-curve for the yield given for number of units.

;))How do u do that 

Does your lease agreement hold the tenants individually responsible for their portion of the rent they owe or are they jointly responsible for the total rent owed to you?

U might be over looking the fact that the investor will lock up his property for 3.5% .. 

In the LLC Joint Venture model, Nephew puts the asset into the LLC as his capital contribution and you provide the rehab capital. 

@Joe Villeneuve thank u

I recommend you take the licensing course through Real Estate U.