All Forum Posts by: Cp Schlatter

Does any one know of a good agent or short term rental management company in the Brainerd Minnesota area. I am looking to purchase a property for short term rentals.

I’d like to BRRR so that I can purchase another property with that money this year. I do have long term financing already and intetest rates are climbing. House 1 (primary residence): Worth: $300,000 Owe: $170,000 @ 3.2 15YR (Current) 80% LTV at 4.75% 20yr (allow $100/month profit once I rent it out) = $70,000 TO REINVEST House 2 (Rental) Worth: $300,000 Owe: $130,000 @ 3.75 15 YR (Current) 70% LTV @ 4.35 15 Yr (Cash Flow $200/Month) = $80,000 TO REINVEST A. Do not refi B. Refi primary C. Refi rental THANKS!

I would like to put a few of my properties into LLCs. I have created the LLCs but now I need to file a quit claim deed to change the ownership. How do I find this form/fill it out correctly? Thanks!

Thanks for the help!

I currently own the house I live in and 2 rentals. I will be closing on my 4th property next week. I am currently using the house hack method. Looking forward, how many properties can I do this with in Minnesota? I am using this method due to lower down payment and better terms but I know I cannot keep this up forever. Thanks for the input.