All Forum Posts by: Erika Montane

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Erika Montane has started 1 posts and replied 7 times.

@Caleb Brown it's been on since February but I'll definitely look at getting a photographer - never thought about that. Thanks!

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@Caleb Brown definitely a lesson learned. I'm just wondering about getting it into a loan under the LLC that will allow me to pay off the principal as well not just interest and possibly just keeping it to rent it.

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@Chris Seveney thank you!

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@Chris Seveney https://www.realtor.com/realestateandhomes-detail/140-S-Cypress-Rd-Apt-128_Pompano-Beach_FL_33060_M59383-50691?cid=soc_shares_fs_ldp

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@Chris Seveney I dropped it 26k leaving barely any room for profit. Is there any other loan option?

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@Ken M. Thanks Ken! I plan to but the monthly payments are interest only and I'm at the point of just keeping it and waiting to rent it next December. Is there another loan option?

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In December 2024, I purchased a condo through a fix and flip loan under my LLC. The loan is for 6 months. It's almost 6 months in June. I can't rent it because the HOA has a 2 year rental restriction and it's not selling. I can't get into a DSCR loan because I can't rent it. What can I do??! I do not want to refinance it under my name 😭 any help on guidance would be greatly appreciated!!!

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