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Greetings,I’m here seeking guidance on a potential deal. The property in question is a commercial property with 9 apartments and one retail space that intend to place my business in. The goal is to own the property in...
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I recently took an early retirement package and I might go back to a W-2 job, but I'd really like to start flipping and buying rental property as my long term "retirement" strategy. I'm just worried I won't be able to...
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Hi! I will try to be as descriptive as possible and sorry in advance if this is a long post but looking into this property has been bringing me in circles for quite some time. So there is a property that is in my area...
Hello everyone. I am preparing for my first flip. I enjoy reading about individuals success on this site and plan on being an active member.
I haven't met with any banks yet but working on my financial model ...
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Hi BP!Is it common for refinancing banks to require a personal gtee even if they're lending to an LLC? Isn't the point of the LLC to limit risk to the investor? Additionally, if there is a personal gtee, won't the loa...
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Hey Guys,My name is Ted and I have a goal of being financially free with multi family properties/syndication. However, currently my income isn't enough to cover my expenses now. Do I still pursue this goal while my fi...
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I have a nephew that has been rehabbing homes in Indianapolis and over-extended himself financially. In short, he needs $4K for living expenses. He currently has two homes on the market (listed only two weeks ago...
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Happy New Year everyone! I hope you had a wonderful holiday season with friends and family. It was busy for me - I proposed to my lovely fiance and we enjoyed a trip to Puerto Rico.
We are excited for 2024 and hop...
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Hello all,My business partner and I are looking for a rehab budget template that we can use to provide to contractors when they are submitting bids for our flips. Can someone share their template? Currently, we are on...
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My tenant paid a portion of their rent for December on 12/31/24 (late). I use apartments.com, so the money didn't end up in my account until 1/6/25.Is this considered income for 2024 or 2025?