Puri Thon
Advice for First-Time Homebuyers Considering a Multi-Family Rental Property
Hello everyone! I'm a newcomer and I'm seeking your opinions and advice. Currently, my boyfriend and I live in New York City, but we have plans to move to upstate New York within the next 1-2 years. Our goal is to pur...
Gp G.
House on septic tank Pros and Cons
What are pros and cons of house on septic tank rather than city sewer. Any investors has bad and good experiences with septic tanks and tenants rough usage? Please advise
Marc Shin
STR soap and toilet paper
Hello. For STR's, is it necessary to get brand name hand soap, shampoos, and toilet paper? Or can I get the Costco brand items??
Genevieve Anderson
Financing a duplex with under 25% down?
Hi everyone, quick question. Does anyone know of a lender who would do under 25% down with a 30yr term for a duplex? I’m in New Orleans, Louisiana bought a duplex last year with 25% down (purchase price $195k). Put i...
John Hurley
About to inherit 100k - need advice
Howdy folks. I am about to inherit 100k in cash. Here are some other relevant details:
- My credit score is over 700. I think it's closer to 768. Haven't checked recently.
- I've been developing a software product...
Monte Watson
Transfer property from SMLLC to personal
Hello Pro members - I would like read some opinion regarding transferring property from a single member LLC to myself for refinancing purposes. I've read a few threads but they weren't as direct as I would like. A qui...
Brian Plajer
Loan options moving forward
My brother in law and I have four properties together. The mortgages are in either his or my name and we quit claim deeded the properties into our LLC. We are reaching our LTI max soon. Question 1) Is there a way, wh...
Craig Clark
Personal DTI vs Business DTI (Helocs and Refinances)
Hi BP, I am hoping this is a quick and easy question for the community. Profile:Investor owned LLC -LLC owns 5-6 properties-Investor normally takes every legal write possible so LLC DTI is high-LLC normally has an an...
Ross Bowman
Peak of the market: gurus everywhere
Something I remember reading in Josh Dorkin's book, about economic cycles, is that one sign you're in the Peak Phase of a real estate market is that there are real estate gurus everywhere.I can't stop seeing this now....
Udoka Omenukor
Do I Have To Save Up...?
I am saving money to purchase a home. I was told if I go to a hard money lender, I still need to use my own cash for part of the deal. I'm saving around $15,000. I'd buy the house, use hard money lender cash to rehab ...