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2 October 2024 | 3 replies
new to this and just looking for some advice guess i really i don't no where to start so any advice is appreciated bought my first house in may and thing seem to be going well so far its more of a boarding house / house hacking roommate situation with people i know for the moment plan on doing some things to up the equity but am limited on funds i know the neighbors house just sold for a bit more then i paid for mine so that's a plus and mine is nicer and in better shape i have almost no debt for the most part except the current mortgage on said house don't make much from my day job less then 3k a month after taxes and have good credit. i guess i just really need to know where to start should i be starting a LLC or something similar?
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2 October 2024 | 25 replies
FEMA assistance is pretty limited.
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1 October 2024 | 0 replies
I'm new to BP and trying to build a team as I dive into more frequent and long-term profitable REI.I've been doing SFH rentals over the last 15-18 years, but it's all been very traditionally financed (ho hum, 30 yr fixed) and as such has limited my ability to invest more frequently, and grow a portfolio.I'm here to learn how to use more creative financing strategies (private money lending, Sub-to, seller financing) to acquire 2-3 units (duplexes, tri) and 5+ multifamily properties.
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4 October 2024 | 11 replies
However, some investors are comfortable with this approach, especially if they prefer to limit their initial capital and plan to refinance a few years after purchase—particularly as discussions about the Federal Reserve lowering interest rates into 2025 continue.Ultimately, successful investing hinges on selecting a growing market, a desirable neighborhood, and assembling a strong support team.
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3 October 2024 | 2 replies
Outside the city limits of both towns there is more flexibility, but you want to be sure about what you can do with a property before you get under contract.I'm happy to help strategize more!
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28 September 2024 | 8 replies
Hey William, great question - Conventional has limits but have you explored non-conventional DSCR loans?
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2 October 2024 | 3 replies
Even if you intend to convert it to residential through rehab, the current zoning as commercial is a no-go for the FHA 203k which is limited to residential.
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3 October 2024 | 9 replies
We are limited on cash.
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2 October 2024 | 12 replies
The file is limited on what it can do, and misses the mark on things like depreciation recapture or like-kind exchanges, which will impact returns, but it’s fairly sophisticated relative to what you can find out there or if you were doing it yourself with limited knowledge.
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1 October 2024 | 8 replies
Colorado has very low limits (near the detection limit) for meth so it's a real challenge.