Matthew Christofferson
New Member Intro. Where do I start?
25 October 2024 | 8 replies
It seems like you enjoy being active and using your hands so maybe the BRRRR method (buy, rehab, rent, refinance, repeat) is your best bet as you could save some money and do plenty on your own, you could also do a live in flip potentially and sell it or rent it out later.
Ryan Kline
Seeking assistance with setting up Illinois Land Trusts, Illinois LLC, Wyoming LLC
25 October 2024 | 6 replies
In fact I would bet not even the asset protection services who send you down these rabbit holes can and therein lies the problem...
Kenji Tominaga
Pending closing the deal due to the current tenant not leaving
28 October 2024 | 23 replies
so after reading all the posts, it sounds like his best bet is just to move on and walk away finding another place maybe coming back in future to keep contact with that person if he really wants that location… Correct me if I’m wrong, but my analysis from all this is that hiring a squatter would only be applicable in situations where the person who is occupying the residence never had a lease or contract therefore it is a rare circumstance where it would be a viable option.
Andrew Foster
Buying my first property, Transferring Deed, and LLCs
28 October 2024 | 12 replies
However, in practice, lenders rarely enforce it as long as mortgage payments are current and there’s no added risk for them.If you want to avoid triggering the due on sale clause, the safest bet is to wait a few months after closing before transferring the deed to your LLC.
Kyler J Sloan
Treehouse Appraisal Process
24 October 2024 | 14 replies
I bet you could quickly get an idea about financing, insuring, and feasibility from them.
Erich Hatch
30 Year Note Private Lender
23 October 2024 | 5 replies
TIAErich your best bet would be to amortize it over thirty with a 5 year balloon. the issue with private lenders vs. banks is private lenders use their money to lend and many times it may not keep up with inflation - so lending for that long does not make sense.
Joseph Fenner
How do I buy 10 rental properties in 1 year?
30 October 2024 | 94 replies
I bet realistically most people would stop there.
Brandon Moore
Good to be here
23 October 2024 | 4 replies
I know you already messaged me but I'm Rene and I'm a community manager here at BP so feel free to reach out at any time!
Trey Landwehr
Introduction from Beginner
22 October 2024 | 19 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.