I am wondering is it possible to secure at least 2 homes with this money and if so do I need to start an LLC first to put them under so it wont effect my credit score even though it is a 750 and also to keep it from coming back to haunt me in the future when do try to buy my own first house to live in.

Most tenants from my experience in property management prefer a lease rather than month to month as it offers them security of a home for that term.

If you're trying to rebuild, start researching secured credit cards.

The renter will need to secure financing for the remaining purchase price on the home by whatever date you agree to.If the renter doesn't secure financing, then you can charge fees and extend it, or terminate the agreement and evict them.Rinse and repeat

It's great to hear that I'm thinking about this the same way.I was talking with my PM this morning and he even mentioned that they will often require a 1.5-2 month security deposit on the lower priced rentals (based on tenant credit and financial background).

It was my understanding that the security deposit was to be returned, minus any unpaid rent and damages.

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Milwaukee.

Purchase price: $201,000

Cash invested: $50,000

Currently renting 3 bed, 1 bath unit while live-in flipping 1 b...

Is anyone familiar with VA loan re-fi process?

We had a security system installed into the home due to unsavory individuals looking to find some tools at a discount.

Hello. I am looking to connect with a buyers agent in the Wausau Marshfield Stevens Point area for my single family rental portfolio. If you know of an agent that is knowledgeable in this area of investing with an inv...