Hey Jacqueline,Welcome to BP.If you're going for a DSCR loan for a residential investment property, you don't need an LLC; you can do it with most (if not all these days) DSCR lenders/brokers depending on your state.All DSCR lenders/brokers will require you to personally guarantee the loan, but you can do it either way, with or without an LLC.Stephanie

If you see big numbers in a true metro area it generally means that property is going to require a bit more attention (D class)

Not the purchase price.As an underwriter, typically you would model a potential acquisition using LTV on stabilized assets or properties that do not require significant improvements.This is because capital expenditure costs will typically not be financed by the lender.

Additionally, you can charge them a pet deposit and pet rent, as well as call it out specifically in the lease in the additional notes section (i.e.

SEC Form D Filings and Blue Sky Filing Requirements for Reg D Offerings | SyndicationAttorneys.com

Other options might require you to pay additional gains on your income if not tax advantaged through real estate so having a tax strategy could also come into play in this decision vs straight cash on cash.

But hey, who knows give it a try. to clarify my question, i am the buyer, solar panels are on the property, and back payment is due, but the company refuses to accept the arrears rather than demanding full payment of 35k, title transfer requires to clear the lien, seller won't do that as there is no equity in the house for them so property will end in foreclosure, if i bond the lien and free the property, then I can buy the asset, transfer the tile, i can negotiate or fight with solar company as time will be on my side then. my question was the surety bond that i am using to bond off the lien can be freed if i could transfer the lien back to use after title transfer to free my cash, hopefully less fraudulent now after the details.  

If a check is made payable to a company, the bank upon which it was drawn will not cash it - you can deposit it but it won't be cashed.

I have a property I am interested in. Its like 55-60% Commercial....but there is a lot of space to increase the residential  square footage  (such as a laundry room). What is the process to do this...anyone had succes...

For further details on this parameter, please consult our user guide.We have allocated a budget of $15,000 for renovations / refurbishments.The purchase price of a 2-bedroom / 2-bathroom unit in this area is $498,000, with 5% of this price allocated for closing costs.A turnover cost of $175 per booking has been factored in, with no rental management fee assumed, indicating that you will manage bookings and cleaning services independently.The mortgage rate is set at a fixed 7% per year, with an 80% loan-to-value ratio (LTV) and a 20-year term.For the remaining parameters in our financial model, please refer to the image above.Taking these values into account, below are the results of the financial case study.Some insights:The results show the anticipated performance of a 2-bedroom / 2-bathroom unit in the southwestern area of Okaloosa Island, Florida.Expected gross revenue amounts to $78,240, derived from 47 bookings with an average stay of 5 days at an average daily rate of $325 (inclusive of cleaning fees).Total yearly expenses add up to $68,014, encompassing various costs from private mortgage insurance (PMI) to property taxes and annual loan repayments.The cash required for this deal totals $139,550, incorporating the 20% down payment for the mortgage, 5% closing costs, and the $15,000 renovations budget.Pre-tax net revenue stands at $10,226, representing a 7.33% cash-on-cash (CoC) return.The annual return on investment (ROI) is 1.9%, excluding value appreciation.