Leo Hunter
VA home loans and LLC
Hello BP,I am fresh into the real estate game ( about 8 days old) and I am hoping someone has an answer.I qualify for the veterans home loan in NYC. I am trying to set up an LLC and have it purchase the multifamily ho...
Pete Fiannaca
Cash Out Refi: Not Waiting 6 months?
Hey Everyone,
Quick question for the masses. Anyone know if this 6-month "seasoning" process for a cash out refi on a 1-unit investment property is a fannie/freddie mandate, and if not, can anyone refer me to a lende...
Micah Redden
Qualify the property or the lead first?
Hey Guys,When you receive VM's as a result of a direct mail marketing campaign do you qualify the lead by calling them back or do you do some cursory research of the property before returning the call? Trying to esta...
Tony Stewart
New Member from Reynoldsburg (Columbus) Ohio
Hello Winners!I an a new member to BP. I am not new to Real Estate Investing, although I have been away from it (except from some buy and hold properties) for the last several years. I am using the immersion approa...
Bryan O.
Fannie Mae Cash Out Refi for 5-10 Units. New regulations?
I spoke to a lender yesterday and they said that there are new rules on cash-out refinances for the 5th through 10th property in Fannie Mae. As explained to me, it basically means that you can't do the typical process...
Mike R.
valuation of a 2-4 unit property -- do rents count at all?
Hi all,I know residential properties are valued using comparable sales. But do rents come into play at all? Say you have two triplexes that are identical in most every respect, except one rents for $500 per unit and t...
Janis McCarter
Security Deposit
Must the Security Deposit be placed in a bank in the State (FL) in which the rental is? In Florida?
Samantha M.
Standard 3rd Class Postage
For my latest batch of mailers I was considering using Standard 3rd class postage because it is quite a bit cheaper, 10 cents cheaper in fact which is huge with the quantity I am mailing.
My question is, gen...
Vitaliy Merkulov
Helping landlords with finding tenants, do I need license in CA?
A lot of my landlord friends want my help in finding and screening applicants for them, but they want to manage their own properties. Am I aloud to help them find tenants without a brokers license in California?
Stacie Wooten
Texas Franchise Tax Question
Hello, my question is in regards to Texas Franchise Tax:
I formed my LLC in 2023, as a Series LLS (4 properties), Is all rent received from the 4 rentals added together and submitted as one business income or is it ...