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I'm trying to get some answers regarding what kind of bank account I can use for my rental property. I have an LLC so I'm wondering if I can use my personal checking for my business or if I'm required to have a busine...
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I have a 1 bedroom, 1 bath condo that I have listed for rent. Have a single male who is moving into town for a new job as an professor at a local community college but won't be receiving his first check till the follo...
I currently reside in Texas and own my single-family primary residence. In addition, I own 1 condo and 1 SFR each of which was purchased as "owner-occupied" SFRs because I house my father in one and my mother-in-law i...
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Land is one of the most enticing real estate investments. I’m sure we have all driven by an empty lot and a few years later see a new development built on it, and wonder to ourselves, “I should’ve bought that” or “I c...
I am about to close on my first house hack investment, a duplex, using an FHA loan. There will be renters in one half and I'll live in the other. Having been a renter my whole adult life I own minimal tools and zero l...
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What is the typical way that you fund your 5+ unit multi family deals? I was told that 4+ is considered commercial. Any private money lenders who do commercial no doc loans? I am In looking to purchase In Louisiana an...
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Hi,
Does anyone know how lenders factor in S-Corp loss for DTI ratio calculation? Do they take the loss, divide by 12, and add it to the debt portion of the ratio?
My apologies in advance if this has been asked befo...
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Good evening BP, 30 year amortization on a refinance on a 825k loan, lender parent company large REIT
Interest locked based on the swap rate
10 Yr Swap Rate 1.57%Credit Spread 3.81%Interest Rate 5.38%
Here is the i...
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Hey BPI have separate LLCs for my properties. Do I need to have an operating agreement per LLC even though they are solo? How important are operating agreements in a solo LLC?
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Hi all!
Curious to know for those who reply, what systems are you using that truly help your RE business?
-Systems to improve your deal flow
-Systems to help with asset management
-Project management
-Certain pro...