Mauricio Quintana
BRRRR timeline to refinance
Hi,I have a property that has been rehabbed and i wanted to refinance out. I talked to a lender who said in order for the property to be refinanced, it has to be 6 months since i originally bought it. In order to re...
Robert Blake
Preferred Returns calculations?
I know this would be a legal issue, check with your lawyer and all that, but I've got a couple of documents I want to make sure I understand, because someone I know is giving me a different read of what I think is rea...
Ray Jansma
ARM mortgage financing then cash-out refi?
I want to get into the BRRR strategy. What's the best way to finance your original mortgage on a a property? With an ARM rate if I plan on cash out refinancing anyways within a year? That way I can save on the intere...
Owen Thornton
Possibilities with structured partnerships
Hey guys! I was wondering about what experiences you guys have with setting up partnerships and investing with many people, say to start out with 1 to 5 other people… I know REITS have a lot of potential, though you n...
Beau Daane
Best way to structure investor network (LLC or Promissory Notes?)
Have had some experience with rentals - up to four units (doors). I have some close friends who are interested in investing in real estate with me - what is the best way to structure a potential partnership like this...
Tiffany Shan
Loan collateralized by shares of an LLC that owns property
Hi-Seeking to give out loans to property owners who hold the property in an LLC (multi-member, if that's relevant at all). For anyone's who's done this...-Does it make a difference if the loan is made out to the LLC v...
Jason Malabute
MET GARY LIPSKY LAST NIGHT
Last night was an extraordinary evening for me as I had the privilege of attending a meetup where I met the renowned author of "Best In Class" and the esteemed Syndicator Of The Year, Gary Lipsky. His insights into re...
Jason Williams
Advice needed on rental
I have a condo I purchased at auction back in '07 for $99k, 6.8% mortgage with lender paid pmi. I now owe $75k, on it and rent it out for around $1k. I've been unable to refi due to the lender paid pmi. My monthly c...
Scott Winter
HML asking to change operating agreement
I have LLC with 1/3 ownership between partners. I think we’ve asked if we can bypass credit being pulled on all partners. HML said an alternative is to change operating agreement to show >80% equity by primary borr...
Armand Farr
Tax filings with properties in and out of LLCs
Hi BP - need your help with this situation:
- Properties A and B: Both were held by three partners in our own names individually (never held in an LLC)
- Property C: The last property was held in Acme LLC with FOUR,...