Dana G. Neilson
hard money questions...
Hi everyone, I hope this thread doesn't get deleted, so I did my due diligence and I think this is the proper location for my question. Can I use hard money to purchase a property that I intend to live in after I pay ...
Jasmine Claye
Bank Loan on a Rental home
I am thinking about purchasing a home. Initially I thought about using it as a primary home however, now I am thinking about using it as a rental. Would the bank know I am using it as rental if I got the loan with ...
Matt Hummer
What would you do with $25k?
At present I own one rental property in Florida that cash-flows about $450/month. I recently flipped a property in North Carolina that netted me about $25k. I'll be moving to Philadelphia in three months and would l...
Samuel Shaw
Best way to purchase with BRRR strategy
Hello all,
I am in the middle of planning to buy a BRRR property in the coming months. I have listened and read a good amount of BP material, but today I listened to the BRRR Podcast with only Brandan and David. Davi...
Rik Patel
Asset Protection - LLC or no LLC?
Hi all!
I live in Florida, however, just closed on a duplex in Ohio. The duplex right now is under my personal name. I want to transfer it to an LLC but it will trigger the due-on-sale clause. I'm reading that we ...
Madison Lowe
Accounting
What software do you recommend to RE owners/business accounting for rental property passive income and flip accounting. I heard that Quick Books is great?
Mike Gasch
New to this: Found a house for only 10k like to try and wholesale it, not sure how to start?
How do I enter a contract without having to end up buying it? The seller also offered owner finance, so I could potentially flip it as well. Just not sure how to initiate this deal. PlusI'm a truck driver currently s...
Elvin Tolentino
Paying back the investor using BRRR method
Good day everyone,My name is Elvin and I am in the very initial stages of real estate investing. I have read in detail about and am very intrigued by BRRR. I know the basics but one thing I can’t seem to grasp is h...
Josh Dane
Fannie Mae Homepath Question
I am looking to purchase a Fannie Mae Homepath property as an owner occupant. My question is whether or not I can ever lease this property out, and if so, how long must I live in it until I can lease it out?
Thanks g...
Jim Benson
Lease Option Initial and Ongoing Structure
We are working to setup our first couple lease option properties and see how we like this strategy - on paper, it looks much better than traditional rental properties/tenants. Anyhow, for those experienced in lease o...