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22 October 2018 | 13 replies
Jeremiah, here's my advice in a five-year plan so A) is patience:Year 1) start a single-member home-business LLC for FREE using bank bonusesYear 1-2) build a 720-800 FICO for FREEYear 1-3) season the LLC for FREE and target a 80 PAYDEXYear 1-4) save some cash by cutting back for a few yearsYear 4) study 10,000 properties for FREE and build a teamYear 5) target a small starter commercial project (4 units or more)using the LLC PAYDEX and 800 FICO when it's a buyer's marketrelying on good financials for the property more than your job6) rinse and repeat and SKIP RESIDENTIAL!!!
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23 October 2018 | 13 replies
That means that banks will pretty much ignore the LLC, especially if it is a single member LLC and treated as a disregarded entity, and treat everything as if it was in your name.
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23 October 2018 | 2 replies
Or a single zip code/neighborhood/county, or per property?"
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23 October 2018 | 2 replies
It is a 1,156 sq foot, 3 bed, 1 bathroom single family home: Zillow Listing.
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5 November 2018 | 3 replies
Looking to move into a few long term rentals, single family or small multifamily, in the KC market in 2019.
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24 November 2018 | 8 replies
I've only used them for single family rentals, but it should still fit into the 1-4 property category.
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21 October 2018 | 0 replies
I have a couple single family houses, one a flip and one a brrr, and I’m just looking for anyone to connect with and learn from, or share the many mistakes I’ve already made 6 months into the process haha.
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30 October 2018 | 7 replies
Hi, I am a newbie to real estate as well as to BiggerPockets App.I am making a research to buy a single family in Virginia, DC, or Maryland to rent.
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11 November 2018 | 2 replies
It was easy for me, single guy only 1 income from my day job.