
15 November 2024 | 1 reply
On BP, you'll find many tips and insights to help you on this new journey.

8 December 2024 | 4 replies
@Dan Dares TMYou can use your familyMember but they will need to be a part of the deal and the bank will most likely want them to personally guarantee the loan.

16 November 2024 | 7 replies
Will be glad to check options in more detail.

8 December 2024 | 8 replies
Also if it is intended to possibly be a rental you should calculate the end result of the acquisition, the debt service, the rehab, etc and pretend to get a loan to refinance. then look at the potential rent to offset that monthly cost and see if it would cash flow.

14 November 2024 | 8 replies
That's nothing to write home about...

8 December 2024 | 1 reply
I worked them, remodeled them and made very little money and eventually sold them for little to no profit.

9 November 2024 | 9 replies
My biggest issue is that I’m using personal funds as owner contributions to these accounts and money moves from account to account on a consistent basis, so I’m trying to be diligent in proper accounting.

8 December 2024 | 1 reply
Quote from @Joe Farrance: Hello, Currently my business owns a piece of property that is paid for and has a corporation tied to it.

14 November 2024 | 1 reply
I'm under LOI to acquire my first LIHTC property (107 units in semi-rural south Chicago suburb) and am moving fast and furious to get up to speed on all things LIHTC.

9 December 2024 | 4 replies
Quote from @Steve Tse: Hi BP, What insurance carriers can you recommend in Texas, as I am shopping around to replace my landlords policy that I currently have with Travelers ?