Chris S.
setting up LLC in Ohio
I have currently set up an LLC for my rental properties that my wife and I own in Ohio. I am setting up the business bank accounts and need the EIN. When I apply for this online with the IRS is it possible in Ohio to ...
Leo F.
Blanket Loans or Portfolio Banks
Need advice on my current situation. 1st has anyone had any dealing with a local NYC portfolio bank Maspeth Federal? Has anyone had a dealings or success with 1st Key Lending?I currently own 10 SFR. 4 of them have mo...
Thomas Combs
Exit strategies for partnership dissolution
Hey BP,I am a new investor entering into a 3-person partnership & we are currently developing an exit strategy before approaching an attorney. We are having a hard time deciding how to approach dissolution as one ...
Carlos Quiros
Refinance Question (New Investor)
New investor here
I have 2 rental properties (duplex & triplex) that I bought at the highest interest rates (8%), they DO cash flow but now that rates have softened a bit my question is when do you all as investo...
Wardell Picquet
Hard Money Loans and Closing Costs
This is a serious newbie question, but I'll go ahead and ask anyway. I want to start flipping houses here in San Antonio and I'm seriously considering hard money. I've read about the Closing Costs associated with the ...
Megan Greathouse
Making offers without an agent?
I'd love to hear from investors who make offers without using a real estate agent. Did you just find a basic offer contract that you fill out and submit? Any pitfalls to making offers without an agent?I have a real es...
Mark J.
If you had to do it over again...what would you do differently?
Whether you've been at REI for one year or twenty, if you were able to talk to yourself when you first started out, what advice would you give?Very much looking forward to see where this thread goes... ;)Mark...
Sean Golin
When does it make sense to pre-pay mortgage?
I currently own an investment property and have been considering pre-paying the mortgage down to increase equity but not sure if this is the right approach. My mind tends to focus on the increased monthly cash flow f...
Jon Schoeller
Solo Roth 401k / Unique Situation
I will try to be as brief as possible about my situation but I do believe it is rather unique. What I want to do: I want to set up a Solo Roch 401k this year and have checkbook power of the account for investing in re...
Tony Nguyen
How Much Higher Would You Pay For Seller Financing?
Hey guys,
I recently met a seller who owed nothing on his property. It's a good property, under 10 years old, 3/2 with 1300 sqft, etc etc.
The house has comps from 70k (fixer) to 90k (move in condition). It can rent...