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11 January 2025 | 9 replies
Can you invest that money that would be used to pay it off in places that earn more than 7%?
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4 February 2025 | 11 replies
Quote from @Austin Brummett: I wouldn't do anything right now except continue to save and learn, because you are likely moving soon.Lenders usually want to see two years of employment history, so you won't qualify for a loan any time soon.
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28 January 2025 | 15 replies
You should consider consulting an attorney.I've consulted an attorney, they usually like to handle the case in court and not advise on intricacies of how to negotiate a cash for keys arrangement.
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4 February 2025 | 2 replies
I have a couple lenders who say they could "figure it out", but it would require some grey area finagling like having the tenant sign a lease personally instead of the company.So the questions is, what do I do now.
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13 February 2025 | 6 replies
I do manage the books for a couple of my own businesses that are under the main business.
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10 January 2025 | 67 replies
Could work, but remember people that need hard money usually need it for a reason.
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4 February 2025 | 13 replies
Follow all safety requirements your Insurance Company plus city and county require.This usually includes childproof access and alarms.
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11 February 2025 | 15 replies
Do that a couple times.
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12 January 2025 | 23 replies
A couple of issues you need to be aware of are any ordinances that are in your town or coming up.
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12 January 2025 | 2 replies
It's all about risk in the event of a lawsuit, which can also usually be covered by insurance.- If you decide to have an LLC for each property, creating a Management LLC that all the other LLCs "hire" to run their books, will allow you to only require a bank accont for the Management LLC.2) You may not be able to do a Trust.