Janice Johnson
Operating Agreement for Single Member
Asking if anyone could help me with filling out a Georgia LLC Operating Agreement, Single Member?
Kristie Eddy
Buying Down Points on Your Mortgage
Hello! I'm looking at my second income property in AZ and struggling with multiple brokers offering me multiple deals that vary slightly. Some deals the rates are lower (4.5%) but their origination fees are higher a...
Sebastian E.
DC Tenant Opportunity to Purchase
I am trying to help a friend with a situation and I am not sure the best advice to give him, so I was hoping BP could help.He is a tenant in SFH in DC. He rents a bedroom in the home and the owner got sick and stopped...
Jacob Eddy
How to Finance a Triplex when planning to make it a Quadplex
We recently went under contract on a Triplex for $380K and can get a conventional mortgage for a rate of 5% with a 25% down payment of $95K. The property has a shell that can easily be finished out, making it a Quadp...
Amanda Leschber
Can’t afford home what option should I take
Seeking advice as new home buyer. I have been in my house now for a year and am having trouble affording the mortgage due to Tax increase. I bought the house at the high of the Market with a low interest of 3.8% FHA. ...
Garrett H.
Cash Purchase Rental Property by Mortgaging Another Property
I'm exploring options to generate enough funds to purchase a $450k investment property but don't have the liquid cash. I have another rental property free and clear and considered securing the funds by taking a mortga...
Eric Zawadski
Debt to Income Ratio Holiday Blues
I have read other threads like this but I still can't seem to figure out what to do...I have 3 rental units. They all cash flow $300-$500 a month. Each tax season I input all of my income and my deductions/repairs/exp...
Dan N.
Bank calling a loan due if I transfer to LLC and if interest rates rise
Today in episode 777, David said something very interesting (and frightening) about transferring a property that has a mortgage to an LLC.He said that if interest rates rise, banks can use certain clauses in the mortg...
Ross Sims
Questions about BRRRRR method
Hey BP world!Reaching out to gain some clarity to on the BRRRR method and house flipping in general. Where my confusion comes in is in the debt to income portion of these deals. Let's say I buy my first home around $8...
Brian Campbell
wont rents decrease soon
isn't it safe to assume while putting deals together for buy and hold that rents will decrease from current highs. In my area rents are 1250 for 3bd/2bth, which was acceptable when homes were 350K, but with homes no...