Amy Lieu
Looking for Insight on Business Structure for a REI Company
I co-manage a small, family-owned real estate investment company that has four owners. For operational ease, our operating agreement states that I have the ability to be the sole signer on purchases and sales, among o...
Lane Kawaoka
Cashing out 401k loan
Has anyone cashed out their 401k? You would have to pay a 10% penalty plus you pay federal/state taxes. Any comments is it too risky or risky not to do it?
Rian Ash
Cash Positive Property- Can a company get mortgage?
Hi BP Experts,
I have been thinking of expanding my portfolio once I reach the limit for financing 10 properties and cannot get conventional financing rates. (Currently between my wife and I, we have 11 properties an...
Mike M.
Business names, credit, and NAICS codes
Looking for some input from those with practical experience in the topic, not a legal opinion. I've seen some reference to business names and NAICS codes that are more favorable for obtaining business credit. It is ...
Corinne Faivre
Loan modification
Has anyone out there ever heard of the company Loan Lodification Key?
Have you worked with them and how was your experience?
Has anyone received a principal reduction on an investment property?
I ...
Alondra Ramos
Is seller financing wort it /doable in California?
Hello, I am new to real estate investing. A little about myself. I live in California and rent an apartment. I purchased a townhome last year in Nevada & I have tenants who are paying off the mortgage.
There is ...
Andrew Glavinic
Billboard Lease Agreement Question...
Hello everyone,
I have a pretty darn specific question about Billboards. I will set up my problem, tell you a few things I am going to try, and ask if anyone has had experience with this or has any other ideas.
So ...
Mary Lopez
Having problems refinancing a Quit Claim deed property
I have a SFR rental in Las Vegas, NV that was recently transferred to me by quit claim deed from a parent. There is no mortgage on the property, it is owned free and clear. It is worth close to $400K and I want to g...
Susie C.
HML Math Question
Hi all! I had a question. From my understanding, most HML want you to have a financial stake. I've spoke to some via BP site and most want you to put down 20% of the purchase price of a home and they can front the ot...
Marco Calderon
Unique deal with seller who owes more than property value
I have a seller that owes too much on his loan for a SFR-rental (in Chicago, IL) that brings in $1500 monthly via Section 8. The problem is he bought in the RE boom in 2008 and owes too much. He does however have a 40...