Jason Deck
Holding rentals in an LLC
Hi everyone,I am working on a few transactions for buy and hold properties, and I am trying to figure out how to hold each of them in individual LLCs.I think I know to hold each property in its own entity. What I don...
Ellen Z.
Advice needed to negotiate with bank on a cash offer to short sales
first time poster and a green hand, seeking advice.
I am interested in purchasing a short sale property.
The seller bought in 2005 for 440K.
short sale listed around 275K about a month ago,
recently reduced the price...
Leo Chun
17 Years old, new to finance & investing!
Hello!This is my first post here on BP, I wanted to start my time here on seeking some insight. I'm 17 years old, I'm currently a Junior in high school and I recently got interested in finance, under the topic of fina...
Account Closed
Pool in flip house - fix or demo/fill?
I’m flipping a house in New Jersey, built in 1983, 4 beds 2.5 baths, and it has a pool. The concrete pool hasn’t been used in years. Tile is peeling, walls have missing paint, deck around pool is uneven. Should I demo...
Ernes Sahic
Finding a Accurate ARV for Investment property.
Hello BP,
I am in a little bit of a pickle...
Okay not really, but I do need some advise.
I purchased a single family investment property located in Lawton Oklahoma. I live in Dallas TX. I started the rehab ...
Gary Sanchez
Should I Sell Or Rent out my primary residence?
I currently reside in Philadelphia, We bought our first home in 2015 for 155k. We are not planning on moving to Indiana. My question is should we sell or rent it out? We owe about 132K left on it at 4.0% We upgraded t...
Richard Clark
First Investment Still Going Strong
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $60,000
Cash invested: $20,000
Fully renovated and rented LG smart home. All new 4-BR/2-BA, finished basement, larg...
Will Gaskill
Buy a House/Condo When it Costs More to Rent
Investment Info:
Single-family residence buy & hold investment in Hayden.
Purchase price: $318,500
Cash invested: $10,000
Sale price: $355,000
Built in 2005 this 3 Bed/2 Bath house was 1,6...
Joshua Rainwater
How thorough can / should a sample multi-family deal be?
My assumption is that the best thing is to "simulate" potential risks as well in a sample deal. At the same time am I correct that due diligence and good underwriting can curb much of this in a real scenario? How can ...
Stephen Ellis
Newbie stuck, needs direction please
Long story short, I bought a home that I loved (built in 2000) and in a great area to live in, so I paid a little over value $171,500 using VA loan at 3.5% Things changed and I moved and decided I’ll rent it out, (it...