Hi Everyone,So my properties are in a trust. However, my insurance for these properties was under my name only. I just discovered recently that that is a HUGE mistake, being that if anything were to happen, my insuran...
New to Biggerpocket -hope someone can help me put this deal together. I have the lease to own tenant with 2500.00 down who was approved for a FHA mortgage up to 100,000K. I have a contractor and a lender for rehab. I...
Hello! I am currently purchasing 3 multi family units and am wondering (hoping) that I can have the properties owned by an LLC. I have been told that the mortgage will need to have a personal guarantee, which is not a...
Hello,My wife and I are new investors. We sold our last home, bought a new one, and are currently turning it into an Airbnb. We just launched an LLC and want to put our first 3 investments, including our current hous...
Is it normal to have to put in an offer to even see the property in person?
I’m just starting out and wondering if I can put the property I’m interested in buying into an LLC. Its a multifamily apartment with 3 doors, and I would have to take out a mortgage after putting down 20%. The reason ...
I am a new REI looking at buying my first rental property. I plan to purchase 8-15 rental properties over the next 10 years, and most likely will use a parent-sub LLC structure with each property being its own sub. Sh...
Just closed on my first house in america 2 days ago! As a foreigner its a little scary trying to tackle taxes. So I'm trying to get some basics down before i dive into the details.I bought a house in Indianapolis. Pri...
I'm under contract on my 4th place (5th door). I will be using a HELOC as part of my down payment. That rate should be at about 4%, my loan will be at 4.875%. I am trying to figure out whether to put down 15% and p...
I'm not great at the details. I have goals I want to achieve but I don't how create a strong foundation. Via a great business plan. Are there any resources on writing a business plan.