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I'm relatively new to the BP community and this is my first post.I have a multi family investment property that has built up a lot of equity (over $500k) and I would like to use that equity to help me acquire another ...
I just recently turned 18 and my financial goals consist of owning a ton of properties and living off of the passive/semi-active income I accumulate on a monthly basis. I am going to school and realize, to make this h...
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There are a few reasons why getting your first rental property may be challenging:
➡️Lack of experience: If you are new to real estate investing, you may not have the necessary experience to navigate the process of a...
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HelloI have a Rental Property with no mortgage or loans I acquired a HELOC before and purchased another rental property. Then I did a cash out refinance of the 2nd property. The HELOC paid Off.Now I’m ready to acqui...
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Situation: Business checking can not afford HVAC replacement. Ask: What are your suggestions in this type of situation? What did you do if you were in this type of situation? Background: I have a rental property in Wi...
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I have been doing my own research on this subject and haven't found the clear answer or at least one I like. I have a call into a friend who is a Tax Atty/CPA as well but thought I would throw it out to the community....
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Rookie here……but D.S.C.R loans seem to be a great way to acquire property. I’d like to talk with anyone who has dealt with these kinds of loans before. Pros/Cons, contacts even maybe, for instance how do you even acq...
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If anyone has caught the news lately, Puerto Rico is in the spotlight for both statehood, and it's economic crisis. While I don't think either of those will go away or happen anytime soon, I would love to know if any...
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Hello All!What is the best way to secure a loan under an LLC to reduce liability? I know that many banks do not lend to LLC's and transferring a personal loan to an LLC can trigger the due on sale. It's rare that bank...
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Hi,
I currently own two tax liens in my name that haven't been paid off thus far. It seems likely I'll be able to take action in just over a year to acquire, but understand that I'll get a big tax hit if I end up sel...