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9 December 2024 | 38 replies
The posts here are those folks whose credit history is exceptional.
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6 December 2024 | 45 replies
Verifying last 2 years of rental history very important!
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4 December 2024 | 37 replies
Quote from @Samia Othman: Connie -If you would like I would be happy to provide that attorney any documentation I have as well.
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4 December 2024 | 18 replies
You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.
2 December 2024 | 2 replies
Provide details and supporting documentation.
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3 December 2024 | 1 reply
You will need a licensed TX attorney to oversee the legal documents, you need escrow officers and transaction managers and business development/marketing.
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3 December 2024 | 8 replies
I do not have a lender right now, and I will need the 12-month rent history as well as various metrics on the property such as insurance quote (which needs property information in order to obtain), existing debt, and purchase price (which would be established while making offers).
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3 December 2024 | 15 replies
https://www.biggerpockets.com/blog/what-documents-do-you-need-for-a-dscr-loan?
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5 December 2024 | 9 replies
Usually only commercial properties with established operational expenses histories are evaluated by cap rates and then those cap rates can also be applied to buildings in certain areas representing higher or lower risk areas.
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16 December 2024 | 43 replies
And i think there is an irrational thought process that rental property is easy and there are going to be years of no issues this simply is not the case and especially in lower value markets that are renter dominated this is well documented on BP..