William Howley
Auction Purchase - Title Question
Hi, I am an investor in Tampa, Florida (Hillsborough County) and I recently won a property at auction. You initially deposit a non refundable 5% prior to auction, and than pay the 95% within 24 hours. Here is the situ...
Tim W.
When to LLC
Newbie wondering at what point does an investor decide to form an LLC?
Mike Nelson
Starting out with rentals???
I'm working with a partner and we have been actively involved in REI. Would it be a good idea to start out with purchasing rentals first, generating cash flow and holding them long term?
We plan to fund these by usin...
Samuel S.
Cash out refinance strategy vs multiple conventional loans?
Hey BP Folks,So I am looking to structure a deal with a family friend whose an active investor, where he would be providing $100K in startup capital. I would be the active manager, basically running the entire busin...
Xavier Mc holder
Why Distressed Properties
Good Afternoon everyone, I would like to pick the minds of the many investors on BP as to why an investor might find more reward in purchasing distressed properties like the many that can be found in Philadelphia “phi...
David D.
Hard Money Loan Amount Formula
As a hard money lender wannabe I'm trying to figure out what formula to use in determining loan amount.
I'm thinking: the lessor of 65% ARV or 80% of purchase price. Is this too restrictive? Should it be 65% ARV on...
Maiane Freitas
Need Guidance to Invest in multifamily Real Estate
Hello everyone!I am 29 years old and I have been investing in real estate for the past 3 years. I currently have 300k cash to put down towards my next purchase. I own four single families homes, a duplex and a triplex...
Jane Guerreso
Landlord does not report our ontime rent. Impact on our credit?
We are renting a house from a private party. Landlord does not report our on time payments to build our credit. In couple years we are looking to purchase a house, would it be sufficient for our landlord to provide a ...
Ernesto Martinez
Buy And Hold
Hello to all BiggerPockets members!!!!!!I'm Ernesto Martinez, I currently live in Antioch California and I love it here!. Just last year I purchased two homes in one lot(my first and only deal so far). And yes, I am...
Shawn Ford
Possible Divorce Rental Hack?
I have a rental property and am going through a divorce. My wife will get our residence, and I'm interested in the rental house which is paid off and not currently under an LLC. I'm interested in listing the house a...