Mark Beekman
Where can my LLC get a HELOC?
9 January 2025 | 15 replies
HELOCs are not available because they are residential loans guaranteed by individuals and what you seek is a type of commercial loan or credit line which are available to seasoned companies with proven financial track record.
Basit Siddiqi
Experienced SFH Investor: Next Steps?
21 January 2025 | 6 replies
Hello everyone, I am reaching out to the BP Community for suggestions.My Portfolio100% owner of 7 SFH PropertiesGP in about 30 SFH properties(of which I own somewhere between 25% to 50%)All but two properties are managed by a PM CompanyNet worth of the above is about $2,000,000 - $2,500,000My IssuesI have many SFH's - Which take up time(Currently spending time paying property tax and insurance, requesting quotes on insurance policies and overseeing the PM Company(approve rent increases, approve renovation projects, etc).They also take up head-space(having to remember property addresses, remembering when property taxes are due)(I have reminders/systems but something I would like to reduce)Goals1) Spend less time on Real Estate2) Free up head-space2) Make $240,000 annually from real estate(Which I think is not to hard if I can increase my net worth and can get an 8% return)Possible Solutions1) Sell all the SFH's and buy 4-Unit Properties to take advantage of conventional financing2) Sell all the SFH's and buy one large apartment complex3) Sell al the SFH's and invest in syndications4) Sell all the SFH's and purchase stock / bonds5) Continue to hold all the SFH's6) Any other suggestionsOther Considations1) Should I consider private notes?
Godsheritage Adeoye
How to takeover Subject to loan
3 January 2025 | 7 replies
Do they use a servicing company to make the payments directly to the , or do they make payments directly to the seller and hope they pass them on to the lender?
Sarah Larbi
Costa Rica
11 January 2025 | 49 replies
If your company were to manage the STR in CR how do you deal with matter of safety / home burglaries?
Joshua Manier
HELOC for 2 unit investment property in Chicago, IL
15 January 2025 | 8 replies
Hi @Joshua Manier,**I'm not affiliated with any of the companies mentioned**Your strong financial profile and low LTV puts you in a great position!
Hunter Purnell
New Real Estate Agent in Palm beach County
11 January 2025 | 3 replies
My family also owned a construction company, so I have some experience in handling projects associated with real estate.
Alex Woolums
Howdy, blue collar to investor.
20 January 2025 | 12 replies
I'm a real estate investor specializing in STR properties, a realtor, and I own a construction company.
Ogonna Odo
Paying Contractors with a Credit Card
18 January 2025 | 8 replies
Some of the larger companies will take them, but they often charge a fee.
Doug Kirk
Liens on a property and determining position
3 January 2025 | 8 replies
The most reliable method to locate liens and their positions is to conduct a title search through a title company.
Joel Oh
Focus on one platform
2 January 2025 | 50 replies
All the large company started with focused areas and started to expand larger after.