Robert Lemley
Closing in personal name, then switching title to LLC.
Hello BiggerPockets, My name is Robert,I am new to real estate investing, and I am starting out with an LLC due to other investors working with me. The local loan officers that I am working with are saying that they d...
Charles J Reid
FHA loans in New Jersey
Looking to use fha loan for my first property investment, ideally a wedge duplex or up to four whatever numbers will make it work. It seems like MIP is going to eat all my cash flow. Is it possible to be in the green ...
Tony Wilson
Crunching number to get cashflow
I’ve been constantly looking for deals but can’t seem to find a cashflow positive house. Example A.House is $59,000 asking price (worth $80,00). Let’s say I get it for $48,000 (80% off), no down deposit, which is doub...
Eric J Platter
Asset Management & Payroll for MF
When creating/reviewing a Pro Forma for a MF investment when they have both have Payroll and a Property Management Fee are they double dipping? Should the PM Fee be less if you have onsite staff? I know the rule-of-...
Shane V Charles
Calling All Real Estate Investors in Detroit!
Hi BP!I'm looking to connect with an experienced real estate investor in the Detroit area. If you or someone you know has experience in the Detroit metro area, please send them my way! I'd love to pick their brain and...
Nathan Anderson
St Louis County Landlord Friendliness
Hey, St Louis investors - do any of you have familiarity with different areas/neighborhoods of St Louis and St Charles county rental markets? I am wanting to get into SFR rentals in these areas, and I'm curious wheth...
Perry Livingston
Continued Theft just before closing. Need Help
We are about to finish up closing to sell a house we are flipping. We have had pavers, ovens (yes plural) and shrubs stolen over the past few weeks. We know who the culprit is and have put in a few police reports, ins...
Kenny Charles
Need help. Weird situation im in!
Quick question....I am a wholesaler in NJ, I initially agreed on a purchase and sale agreement with the seller on a specific price.However when doing title, I had to change purchase price to help her with a judgment a...
Ekamjot Singh
refinancing commercial property
Hi there,is that true that if we buy a property undervalue which worth more then it is easier to refinance for example if i buy 5 units apartment for 365000 actually it worth 562000so it would be easier to refinance o...
Charles Carroll
Albany / Troy NY investing & Home Equity Question
A little about me.. I am new and extremely motivated to start my portfolio (rental properties, multifamily). I have read and listened to everything, books and podcasts. I live on Long Island but unfortunately the mark...