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13 November 2024 | 12 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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7 November 2024 | 0 replies
Working with a private lender also enabled me to structure favorable terms that aligned with my investment timeline and cash flow goals.
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11 November 2024 | 5 replies
I know this may be an individual decision ultimately, but what types of land did you purchase, or what regions, or what characteristics and why?
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12 November 2024 | 7 replies
It has a lower turnover than STR but can bring in higher rent than traditional leases.Co-Living Arrangements: Renting rooms individually on a month-to-month basis could generate more income than a single long-term lease while reducing management hassle.Furnished Long-Term Rental: A furnished rental could allow for higher rent and attract tenants who don’t want the STR commitment but still value flexibility.Partner with a Local Boutique STR Manager: Some local companies manage STRs with lower fees than Airbnb's traditional managers and could help keep profits up without 20% fees.Hope that helps you with your decision!
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9 November 2024 | 5 replies
It's great to run into other positive individuals in multifamily space.
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10 November 2024 | 7 replies
This is an amazing space to meet many very smart individuals.
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13 November 2024 | 13 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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12 November 2024 | 47 replies
It was an up front payment to receive the modeled layout of the home, and they had an individual go to the house to do the mock ups.
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10 November 2024 | 5 replies
You should contact that individual's unit to confirm they are a member.
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11 November 2024 | 4 replies
Since they can't do each property individually, they use comparable sales to make broad generalizations to determine percent changes.