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I often hear that you should always have at least 2 members of your LLC, even if one member only owns 1%. It supposedly makes it more difficult to pierce the corporate veil in the event of a lawsuit. Is there any trut...
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Here we go- I will try and be concise. I live in Charlotte and own a home on a VA loan and am considering refinancing at 2.75% 30 yr fixed. Would only cut about $100 off current payment bc I have a 3.25%. Plan is to r...
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Hey folks, first time poster and looking to get my feet wet. I'm pretty fascinated with some of the deals that people are able to put together with seller terms. I completely understand that it depends on what the s...
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Hey BP Family,Should I first find a deal get it under contract and then find a company/ lender for the finances? I’m currently looking for property haven’t found a property just yet but I’m already starting the proce...
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Is it good idea to use funds from 401K to buy a cash flowing SFR? I have about 105k in 401k. Minimum payment will come out of my biweekly paycheck to pay off the borrowed money. What are the pros/cons of doing this? ...
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I own several residential properties and have used the BRRR strategy successfully there, and am now doing my research to make the move into commercial-multifamily (small-medium apartment complex). I am very familiar w...
Hello, I have a question about fix and flipping houses. I know that out of the many relationships you can achieve with a lender, two are: equity partner and taking a loan from them. Assuming that your lender isn't ins...
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My wife has inherited a townhouse from her mom. Long story short, she lived alone until she passed at almost 90 and at times was quite a difficult person to deal with. She had cats and the smell had been building for ...
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Hello,
Just looking for a little advice. I have an REO that I am considering making an offer on. I feel confident about the numbers, but I wanted some advice on using a 0% APR CC Balance Transfer to float t...
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Hi everyone! My husband and I are newbies and have had a couple seemingly good deals pass us by in the last few weeks because we haven't been willing to pull the trigger. I could really use some help analyzing this ...