Trevor Bond
Will appraisal be different depending on the entity?
Hello BP,My question is will my investment property get appraised differently if it is in the name of an LLC or individual? I want to make sure I plan this correctly for the sake of lending and liability. Feel free to...
Sunny Kapila
What should be the right offer for this property
Looking in investing Multi Family property with 180 doors, there is no asking price, NOI is $1,200,000 (annually), Cap Rate is 5.8%.What should be a reasonable offer for this property?Please Advice
Ben Lenger
Do you pull the trigger?
Have an opportunity to buy a 1900's 3plex. Asking Price 69,000Tri plex brings in 1825 monthly 21,900 yearlyHeat Insurance Property taxes 7500 a yearThe house is old has little things like crack plaster needs new carpe...
Kelby Schimming
Seller Financing from a 100-Year-Old Neighbor
Hi BP, I am trying to work out a seller finance deal with my neighbor who is 100 years old. The property is a duplex, and he plans to give all the proceeds from the sell to his daughter. Her plan is to get the absolut...
Martha J Escudero Acosta
The house can't be sold or lease under City violations
The closing on this property is July 28, The City of Austin sent a letter to the current owner that says such house can not be sold or lease until the violations are corrected. The corrections must be made before the ...
Alex Silang
Should I buy now or wait a couple of years?
What do you think? Interest rates are very low right now. However, the newspapers are saying that it's almost guaranteed the Fed is going to raise rates next year. That could cause a decline in prices.
If you buy no...
Kenneth Littrell
SUB 2 with VA loans
I am working in a military towm. Does anyone have any real experience with doing SUB 2 with VA home loans? More specifically, can it be do
Stephen Sawrie
financing with SD IRA
not sure if this is the appropriate forum, so I also posted on one other forum. here goes:SD-IRA, checkbook control (LLC). want to purchase multiplex for 290k but finance around 30-40%. I am told that the loan to t...
Account Closed
LLC setup for GP and LP
So I have found a mid sized multi family property and to take it down I am bringing on a single limited partner to fund the downpayment. I’ll be the single General Partner for the deal and already have bought propert...
Account Closed
Loan bearing wall - dos and don'ts
Folks, I have an annoying load bearing wall. How do I remove it? Could you guide me? In case I choose to get permits from the city what do I need to provide them?I know I need to have plans of the house. But how about...