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12 December 2024 | 17 replies
Quote from @Gary Aragon: Quote from @Rick Albert: Our electricity is already separate and we designed our ADU to be all electric so no gas.
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13 December 2024 | 2 replies
Assumption by an EntityUnfortunately, assuming a VA loan directly through a legal entity (such as an LLC, corporation, or trust) is typically not allowed because:Primary Residence Requirement: VA loans are designed for owner-occupied properties, meaning the assuming borrower must intend to live in the property as their primary residence.Credit Review: The VA and lender require the assuming party to undergo a personal credit and income review to ensure repayment ability, which entities cannot satisfy.3.
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12 December 2024 | 2 replies
Depending on the state, you will need a designated agent for your LLC, in that state.
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12 December 2024 | 7 replies
Best of luck to you working through the renovations - if you need any design advice, feel free to reach out!
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13 December 2024 | 6 replies
Owner financing is an option for sure especially with such an attractive rate.
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14 December 2024 | 6 replies
Yes, it is possible to obtain a second FHA loan, but only under specific circumstances, as FHA loans are designed primarily for owner-occupied properties.
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13 December 2024 | 7 replies
Job Opportunities: The state's robust economy and business-friendly environment attract investors, but are other states catching up?
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11 December 2024 | 3 replies
Advice on Layout/Design: For those who have added ADUs, do you recommend standalone units, garage conversions, or a combination of both?
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14 December 2024 | 13 replies
Sometimes minor tweaks to the design can garner their support which is far better than having an adversary.
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12 December 2024 | 6 replies
We use Furnished Finder to list our MTRs and typically attract traveling healthcare professionals as tenants.