I am having trouble finding a bank that will allow me to get a conventional 30 year loan with a low fixed rate because the property is owned by my LLC. They always say the deed owner has to match applicants. I know we...
I understand you can get a mortgage that's backed by the government for up to 10 sfh/residential rentals (each one up to a quadplex).
What financing is available after your first 10 rentals? What's the phrase for ...
Hello everyone, After some hefty pest control expenses from several building that we manage, we realized that pest control was not a line item we had when running our annual expense projections on a building. However,...
So,I'm going down a path and wanted to see if others agree with what I intend to do, or maybe have a better solution that I haven't thought of.My goal is to lower my monthly outflow of cash and drop some of my high in...
Hello Community,This my first time posting and I need a bit of advice. I inherited a Townhome located in Chicago, Il and I decided to rent it out, which I currently have a tenant. It's mortgage free and I am trying to...
Thanks in advance for answering this for me:If we take money from our IRA or SEP to fund an investment property, what kind of tax implications would that have? The IRA is actually a beneficiary IRA and the SEP is pre ...
If your reading this.....and have any advice please feel free.
I am not sure what I am doing wrong or not doing at all. But there is no single entity that can tell me. So far my wife and I have accumulated 5 propert...
Hey BP! My wife @Christina Potosnak and I are in the early stages of performing a 1031 exchange on three SFRs (Properties B,C,D). We have a fourth SFR (Property A) that is paid off that we could tap equity from ~$12...
Hey all, I was just wondering if anyone has ever used or has any thoughts on the USAA Career Starter Loan for a down payment on a property? $25,000 @ 2.99% paid back over 5 years = 471 per month, seems like a decent r...
Hello Bigger Pockets!I have recently been placed on a 12 week medical leave from my job. Having a great deal of time on my hands, I want to get my real estate license. I attempted this a year and a half ago and did no...