Elijah Crew
Getting Properties through Private Lending
29 September 2021 | 4 replies
It does exist but it is usually when borrowing from an investor or family member who you know well or have done several deals with.
Mike Wallin
Our first Fix and Flip.
16 November 2021 | 0 replies
Replaced 18 full sheets of sheetrock after squatters destroyed much of what existed.
Julia Havia
Start a new LLC or use an exiting one formed in a different state
17 November 2021 | 2 replies
Hi BP's,I'm an out-of-county investor, in the process of purchasing a property in PA.Closing is in two weeks from now, and I'm not sure if it's better to form a new LLC in PA (and if I have enough time to do that)or if it's better to use an existing one I have from a different state (I have one in OH and one in IN).What would you suggest?
David Y M.
How to Do Real Estate Partnership without 1065
1 December 2021 | 3 replies
These factors, which should continue to apply to the separate entity test under the check-the-box regulations, include—the sharing of profit from the business;the sharing of losses from the business;ownership of a capital interest or performance of substantial services;participation in management; andrepresentation to third parties as a partnership (including the filing of partnership returns, the existence of a partnership agreement).
Ron Williams
Hilton Head Island Market Report - October 2021
18 November 2021 | 1 reply
Months Supply of Inventory was down 54.5 percent to 1.0 months, indicating that demand increased relative to supply.As temperatures drop, existing home sales continue to be plentiful, buoyed by strong demand, low interest rates, and a slight uptick in new listings in recent months, according to the National Association of REALTORS®.
Jacob Trogan
Effect on Credit with HELOC - Also general HELOC questions
22 November 2021 | 10 replies
Can refinance an existing mortgage on investment property to a shorter term “Mini Mortgage.”Navy Federal 80% LTV Norway Savings Bank, MainePenFed - max 3 other properties, including primary. 80% LTV, prime + 1%, <4 propertiesQuorum Federal Credit Union 80% LTV, owned by LLC is OK.
Orlando Osuna
Terrible property manager
30 November 2021 | 26 replies
Assume everything is broken and existing tenants haven't paid since the start of Covid.
Ammon Rivera
Existing
21 November 2021 | 2 replies
Hi Everyone, I am working on my first investment properties. I originally had my mind set on buying a duplex or a fourplex. Then I was approached by an agent who pitched the strategy of purchasing a new build town hom...
Sean Starkey
Refi primary residence for investment for payment
21 November 2021 | 29 replies
When you do a cash out refinance, you are basically paying off the existing mortgage on your home and replacing it with a bigger mortgage (up to 80% of the value of your home.)
Mark DiRenzo
Looking for Opinions
20 November 2021 | 8 replies
So you could utilize this for your existing property, not taking on any extra payments if it is structured properly.