Robert Schwenkler
Managing liability (via LLCs) while using residential loans
Hi gang,
I'm just starting to look into/learn about commercial lending, and of course the terms on residential loans are typically better, sometimes by a large margin.
David Greene and other BP hosts talk about how ...
Sarah Hartwell
Tenant Can't Pay Rent - COVID & Recently Widowed - Help!
Hi there! My hubs and I are Houston-based rookie investors. We have three properties here, and one in Canada. Sadly, our Canadian tenants (a family with 2 school aged boys) reached out mid-April. They were both laid o...
Phil Avery
Seeking Advice on Structuring a $150K Loan for Property Investment via IUL Policy
Hello Everyone, I am in the process of exploring a unique investment strategy and am seeking a loan of $150,000 at an interest rate ranging between 8-12% for a period of 5 years. My preference is for an interest-only ...
Jeff Tumbarello
FRB_MoneySuppy_1959-2009_090609 - The Future With Some Disgusting Clarity
So, I was doin' what I do when sleep doesn't happen... I shoulda
knocked myself out instead.
This fresh-off-the presses FRB Report can be found at:
http://www.feder...
Thomas Combs
Exit strategies for partnership dissolution
Hey BP,I am a new investor entering into a 3-person partnership & we are currently developing an exit strategy before approaching an attorney. We are having a hard time deciding how to approach dissolution as one ...
Adam Webb
Attempting to flag lot property
I have a duplex on an acre lot in Springville. I’m trying to make a flag lot and build another house. Any recommendations on surveyors or engineers? Any advise or things to watch for? This is my first time doing any d...
Alvaro Rodriguez
What happens when appraisal is lower?
I am in the process of closing on a house, closing date is 2 weeks from now. However, the appraisal the lender ordered came back $17k lower than the asking price. At this point what is the most logic next step? I don’...
Randy Havens
how to make a 4 unit property into a 5 plus unit in Brooklyn
Hi there!
I finally got a HELOC loan for my 4 unit residential building in Brooklyn, NY. I would like to split each apartment into two. Starting one at a time. However I have a residential mortgage, and the HELOC is ...
Joey English
Work to learn, not to earn.
Work to learn, not to earn:There are concepts that have truly life-altering effects. For us, the idea of working to learn, not to earn was one of them. This notion came from a book we read called “Rich Dad Poor Dad” b...
Carolyn Guertin
Query re implications of renting primary residence
I have some questions that I hope the BP community can answer for me. My elderly father has just moved into in a retirement home. He is weighing the pros and cons of selling versus renting out his home in the GTA. He ...