Thomas C.
Taking over 5 units from a family member - am I crazy?
23 April 2024 | 9 replies
(looks expensive though)I also have a solid connection with a contractor who does fast work at his labor costs if I buy and source the materials.
Rashad S.
What Are The Steps To Finding Land To Build On?
23 April 2024 | 3 replies
As far as pricing out a build I would put a call out to a home builder in your area and chat with them about average cost per sq ft to build in your area to give yourself an idea.
Stephen Brossard
First multi family out of state
24 April 2024 | 18 replies
The cost of entry is low, and cash flow is high.
Seth Kristian
Thank you’re pretty smart?
20 April 2024 | 2 replies
Daly proved that this never took place and that all the bank was doing was converting his promissory note (the value) into credit and assigning themselves as beneficiaries to his promissory note and subsequently separating it from the deed.
Cory St. Esprit
Main Street Commercial Space: Other Uses?
23 April 2024 | 5 replies
When you work in partnership with the city you can see if they have economic grants, TIFs, etc. to help offset the remodel costs to both the commercial space and the residential.
Chris Baek
Debt Service Coverage Loans
23 April 2024 | 9 replies
But Generally, most lenders will want to see that the lease or market rent can support the mortgage payment, the borrower does not intent to live in the property, the borrower has 20% down + closing costs, 6 months reserves, and credit is above 620.
Christine Barker
Verify contractor insurance
23 April 2024 | 9 replies
It doesn't cost anything extra, laws may be different where you are.
Rollin Buffington
Transfer Soon-to-be Rental into LLC or keep? (LLC has multiple partners)
23 April 2024 | 0 replies
- we have a separate business bank account that we could receive payments from - we have tracked all renovation costs and expenses, though they were done personally and not through the business
Rollin Buffington
Transferring soon-to-be rental from personal to LLC?
23 April 2024 | 1 reply
- we have a separate business bank account that we could receive payments from - we have tracked all renovation costs and expenses, though they were done personally and not through the business
Joseph Harr
Are there any ways to create a low maintenance STR or MTR?
23 April 2024 | 14 replies
Saving money/cutting costs on those things will require much more wear/tear/maintenance/replacement, and cost so much more in the long run.