Hello -
Over the past year, I've acquired two 2-family properties in the NY Hudson Valley area. They were both cash purchases that required some renovation work to get them up to good quality standards, mu...
Debating on creating an LLC for protection and tax benefits. I've been told the LLC set up as a sole proprietorship (what I'm planning) won't give me any more tax benefits than owning a property and carrying a heavy u...
Hello all, I'm new to rental business. We just used the buy and hold strategy to refinance our previous sfh and would like to rent it out asap. However, I'm not sure about how to get the umbrella insurance for this pr...
Hey guys my name is Isuf Aruci, I saved a good amount of money and want to start investing into 2-4 families. I'm about to close on this 2 family property in Pelham parkway north Bronx, NY 3BR over 3 BR over 2 BR in a...
Just writing this post to help and warn wholesalers and investors as well. I've noticed lately that a couple of investors ask about properties and when i offer to send them my list of properties after they sign and re...
Hey BP peeps,
Newbie here, in discussions for my first Seller Financing deal!
Apologies in advance if there is a forum post similar to this, but I couldn't find one with a checklist-style format. As such, I am aski...
I'm refinancing a commercial property in the US for the first time. $1.7m loan, 65% LTV. One LOI I've received has quoted a 2% origination fee, which seems high to me. (Broker has a 1% fee on top). Presumably negotiab...
Would/ Can you form an LLC before you buy a property. I was told that most banks wont loan to an LLC real estate if you dont have a lot of business history with the banks. What my mentor said was once I bought a prope...
Having a hell of a month. Had a very bad customer interaction where long story short, they demanded a refund, I refused.Few weeks pass, VRBO refuses to refund them. They go to their CC and issue a chargeback.Month pas...