I have a middle aged guy with a disabled son (wheelchair) who wants to move in our unit. Rent is 1900 and his gross monthly is 4000. He does have 100k in the bank. Would you consider this remnant? I’m in Melbourne FL ...
This could be a question I should have posted under bank loan but since I’m still very green, I decided to post this question here. For my first property purchase, I’m looking into conventional bank loan. My original ...
Hey BP, I listened to podcast 327 a few times and trying to figure out what David Greene was talking about when he said he got a commercial line of credit for 500k and then bought a few houses, rehabbed them until the...
I would have to say that I am very very lucky because I have partnerships now that work amazingly well like marriages made in heaven. One of my current partnerships is with someone who I could literally chat with for ...
This summer I'll be selling my home and moving into a new construction. The home I'm in is paid in full, so I'll be collecting the full amount of equity; about $225,000. I have a buyer lined up already and my new cons...
Hey friends! I was hoping to gain some insight into the world of personal finance. I had to be honest with myself and admit that I have poor financing skills and I'm not good at accounting or numbers in general. So yo...
Hello,
I recently came across at an article about self-directed IRA. I was wondering whether or not I can rollover my traditional IRA money to the self-directed IRA, so that I can use this money to invest in real est...
The 3 million in real estate I own, half of which is equity, was earned. I stood on my own two feet since 18, paid my own way and bought the houses with 100% of my own money that I saved from a high income career I ha...
I financed my first fix and flip by taking out personal loans and using my own cash. Going forward, I'd like to begin using my LLC for financing deals (i.e. hard money loans, etc) to keep all of my personal and busine...
Hello BP
Im looking for help finding a lender that can refinance a residential duplex under a LLC . Looking for 30 year fixed on ARV. I will personally guarantee but I dont want it to show on my personal report being ...