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I'm new to investing in multi family units and plan to make my first purchase in a few months. I know the Schedule E is what a landlord should be filing come tax season, and I know my lender will want to see the Sched...
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Going to institutional lenders such as banks and mortgage companies or private money lenders (hard money)
And what does it take to qualify for each with no previous experience
or any other option that you may reco...
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Currently looking at closing on a new home in november/december and do not anticipate selling ours for a month or two after we move. Playing with some DTI calculators I’ll be hovering around 50%. My plan was to recast...
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Hello everyone! I am exploring renting my STR to MTR option when the summer travel season dwindles. What is your process for renting out your place after a potential tenant reaches out to you in Furnished Finder? Do y...
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I'm looking to potentially acquire some properties there.I don't have any colleget properties in my portfolio yet.I'm curious of your experience. A few questions:1) what challenges have you experienced?2) how well wo...
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I’m looking to get started in an LLC for the two rental homes, I currently have. However, I’m trying to research which option is most beneficial. Do I create an LLC per home or one LLC for both homes ? Looking for inp...
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We closed on a property in April. Our lender just reached out and informed us the FHA is refusing to insure the loan. This means our lender is kind of stuck and the loan is going to stay on their books. They want th...
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I know there are Self Directed IRA Custodians that can help set up a LLC for checkbook control, but I would rather deal with a local attorney, if possible.I live in Yorktown, VA. So the Peninsula or Norfolk/Virginia ...