Ronald Thompson
Attorney in Virginia to LLC for Self Directed IRA
I know there are Self Directed IRA Custodians that can help set up a LLC for checkbook control, but I would rather deal with a local attorney, if possible.I live in Yorktown, VA. So the Peninsula or Norfolk/Virginia ...
Xavier A. Malave
$0 net income after taxes
Good morning, quick question. After doing my taxes I’m left with $0 net income because everything this years was losses and no gains. Does that affect my refinance once I finish my first BRRRR, having a $0 net income?...
Shoshana Shulman
HOA running a scam....
I bought a rowhouse in the beginning of 2022. I have a great tenant paying market rent on time. I have a horrible HOA. The HOA that was there when I bought the house quickly changed to another HOA, and possibly a thir...
Tammy Graham
Trouble with getting Financing for Rehab project-Advice Needed
I am in need of some serious direction. I have several properties I hold as rentals, that have been owned long enough now that they are completely paid for. I have done many rehab projects over the years but it has ...
Neerav Patel
renting home to company which rents to insurance claim people
Hi fellow BP members. Once again I am turning to your wisdom.I am a newbie and my first rental is on market for rental right now.I received an interesting call today from a property management company who exclusively ...
Chris Laino
Insurance Needed to Flip a House?
I'm looking to flip a property, and I want to get insurance (to cover the house if there is any major damage, but also in case a contractor or anyone else gets hurt at the property). Do I just get regular home-owners ...
Jay Patel
IRS Lien Clarification - Courthouse Steps Purchase
Hey all,I am interested in an upcoming auction at the courthouse steps. There is an IRS Lien filed against the owner. I wanted to make sure I understand what that means and was hoping you can help:IRS Liens recorded o...
Sara Perkinson
Can we evict tenants right now?
Hello Everyone, I wanted to get some information on evictions in the state of Virginia. Governor Ralph Northam signed a budget bill extending eviction protection until June 30, 2022. I have a tenant that pays rent lat...
Brandon Rauscher
HELOC vs Refinancing
Can anyone explain the pro's and con's of refinancing vs HELOC on a rental property you own free and clear? The goal is to continue to purchase more properties, utilizing capital as efficiently as possible.
Caleb Edwards
Refinancing Va loan with commercial loan
Hi. Im looking to refinance a Va loan into a commercial loan and to quit claim the deed to my llc. Will this allow me to restore my full Va entitlement so that I can purchase another property with it? Also I know abou...