Never realized lender would require LLC but it makes sense given the size of portfolio. 

Of course, this requires mutual trust and written agreements, but any joint business does.The only situation where a true partnership and an LLC is unavoidable is if you also split costs, not just the fees.

But, the owner occupied property is different because you will likely have to use a conventional loan which requires 12 months seasoning (waiting period) to use the new value but of course that 12 month would start from when you buy the property so it will obviously take you some portion of that 12 months to build the house.  

land flipping is not real complicated in grew up in the business.you simply buy land usually at tax sale.. then sell it on terms.. usually very remote property.. 

Hello everyone,Bigger Pockets provided a lease agreement for Arizona which has an option to require the tenant to a include liability requirement in their renters insurance.I'd like some advice to help me understand if I need to include a liability amount as a requirement and how to adjust this amount for different properties.Thank you in advance!

It's important to note that you aren't required to keep receipts for purchases from your business credit card or bank account.

That will allow you to quickly analyze deals simply based on the purchase price and the total potential rent, without having to calculate every single cost for each property.

Both parties were right–and wrong–simultaneously, and it required a lot of hand holding and collaboration.

However, that doesn't mean there aren't good investment opportunities available.Richmond has a diverse real estate market with several neighborhoods offering potential, though it might require looking into properties with different strategies in mind.

Some require that you pay a fee in order to see the lists of foreclosed properties…I have yet to find a way around this