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8 April 2024 | 5 replies
Hello Faiz,If the property is paid off and it is rented out, I might recommend a DSCR loan as it is based off of the asset itself and most DSCR lenders do not need W2/Tax Returns.
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7 April 2024 | 7 replies
Here's some details from the city:https://www.staugbch.com/citym...The areas I recommended have little to no restrictions on short term rentals and would make a much better investment if you're hoping to rent your home when not using it.
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7 April 2024 | 5 replies
BiggerPockets also has a calculator you can use to analyze deals and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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7 April 2024 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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7 April 2024 | 0 replies
Remodeled Kitchen and Bathroom, updated AC Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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8 April 2024 | 8 replies
There are plenty of options to think through, but I would recommend really nailing down what you want the most and then working backwards from there.
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8 April 2024 | 12 replies
I'd recommend using free trials from the softwares (Propstream, Batchleads, Property Radar, etc) and trying out the filters to see what would work best for you.
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7 April 2024 | 8 replies
@Steven Rago legally, whoever shows the property has to be a licensed agent.You can try to play games with that and have a handman allow "access", but it's a BIG risk.So that leaves agents & PMCs.You have two choices with agents:1) Pay per showing: since any agent can show a property, find the cheapest.2) Pay Listing Fee: typically 1 month of rent to put in MLS and place a lockbox so any/all agents can show.We do NOT recommend allowing agents to screen applicants - it's a conflict of interest!
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8 April 2024 | 9 replies
You should start getting referrals for an attorney to help you organize the structure and language for your described arrangement.I would absolutely recommend the Investment LLC be 100% separate from the construction entity.
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7 April 2024 | 33 replies
Need to vet your tenants carefully, would recommend a RE attorney to review your lease.