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24 January 2025 | 6 replies
You would need to close with the loan in your name, then quitclaim it into your LLC.
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28 January 2025 | 1 reply
New 5-year Triple Net commercial lease with annual increases upon closing.
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6 February 2025 | 16 replies
I have a BP member client who has purchased two oceanfront units there so far and another client of mine is scheduled to close on her first one later this month.
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2 February 2025 | 9 replies
Quote from @Duarte Marques: Hey BP community, I'm new to real estate investing and have been studying (reading books, watching webinars, constructing excel cash flow models,...) close to a year.
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25 January 2025 | 12 replies
Would you rather set it and forget it and not need to refi again or rather take advantage of low/no closing costs on this loan and plan to be more aggressive on your rate at the time of your refi?
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6 February 2025 | 4 replies
It seems like I would be cutting it close to try to finish, list, and lease it starting March 1?
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3 February 2025 | 1 reply
I got a tenant two weeks after closing.
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6 February 2025 | 8 replies
While there’s no perfect formula, there are a few methods you can use to get as close as possible:For maintenance and repairs, a good rule of thumb is to budget 1%–2% of the property’s value annually.
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28 January 2025 | 7 replies
Despite the guru fed “misinformation” about all these under market price deals, they are actually very rare and require (1) the investor recognizing value that the seller and the rest of the market misses or (2) a seller with a need for an immediate sale and a buyer with the CASH immediately available to conclude a very quick closing usually forgoing inspections, financing, and other contingencies.
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21 January 2025 | 11 replies
Several ways to skin that cat ;) With the DSCR lender, you could close directly in your LLC and it would not report to credit.