LLC for Foreign Property: - Is it necessary to form a new LLC specific to the foreign property, or can it be owned under an existing U.S.

Thanks in advance. 90% cash out doesn't exist.  90% with favorable terms really doesn't exist.Not sure how you got into this situation using hard money (usually they have a tighter lid on the numbers), but regardless, sell the property and try to get out of it before the HML gets a chance to foreclose.

I am curious how other people buy multiunits for owner occupied, since everybody will face the same problem that want to live in one unit and need to break a lease BEFORE the closing.Thanks for the help If they are on existing leases they cannot terminate a lease, only if it is month to month.

For example, on what I thought was a relatively simple project in a bathroom reno which was fully gutted down to the studs already, I had more than one quote for over $7k to run pex supply lines and rough in a shower drain and toilet drain off of an existing main stack, all of which ended up costing me about $200 in pex lines, PVC fittings, and sawzall blades.If you need any hardwood flooring repaired, patched, or refinished, you can't beat Dave's Hardwood Flooring out of Blaine - $3k spent with them fully brought one of my duplex unit's original 100+ year old maple floors back to life.If you're putting in any stone counters in your kitchens or for bathroom vanities, Twin City Discount Granite have been awesome to work with, and consistently have the best pricing I've found in the area on fully installed granite and quartz.I also have a great drywall guy, as well as a really good carpet install guy - feel free to DM me if you want either of their contact info!

Conventional loans (Fannie/Freddie) will let you do a cash out refinance as an investment property after the existing loan on the property is 12 months old.

Anyone have any recommendations for lendersMy client is requesting the refinance of an existing industrial building.

It actually isnt horrible depending on how much your taxes and insurance are, and if you are willing to buy the rate down to make cash flow within a few hundred dollars of your existing mortgage.  

I haven't heard of that regulation, but that's not to say it doesn't exist.

This gives people little reason to choose older existing homes over new developments.

Final appraiser remembered that when comps for exact property type do not exist they can opt to value as a SFH and justify value.