Regarding using funds from your LLC property business, you'll need to consult with a tax advisor to understand the implications and any potential issues with this approach.

I did not personally value the deal all that well because this was before I got seriously involved in researching real estate.What was the outcome?

Local investors can offer insightful information about particular neighbourhoods, industry trends, and potential opportunities.It's necessary to carry out in-depth market research, consult with local real estate experts, and get guidance from experienced Phoenix investors before making decisions.

@Jesse Imes echoing what other have said here, the value is going to be based off of sales comps rather than a cap rate on the potential income.

Buying a home and renting out rooms, especially in a high-demand area like Virginia Beach/Chesapeake, can be a great strategic move.Your strategy has potential, especially given the housing costs near bases and the benefits of your VA loan.

I am looking to potentially do the painting myself to save money.

That said, each individual lender will vary slightly in HOW they underwrite expenses for your DSCR, so it's very important to ask each potential lender about their process.

Renting to travel nurses and corporate housing can be a great way to generate steady income from your property.To attract potential renters, you may want to consider listing your condo on websites such as Furnished Finder, Travel Nurse Housing, and Corporate Housing by Owner.

Hello Everyone,I'm going to purchase a log cabin in the mountains and considering the potential impact of professional interior design.

New roof, new gutters, new water heater, trimmed back trees that destroyed roof What was the outcome?