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If I transfer a property into an LLC does that start the 90-day seasoning requirement for FHA loans over again even though I am the member of the LLC?
Thanks.
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REI Gurus,I am a new investor from St.Louis and closed on my first property this week after getting stuck with analysis paralysis for over 6 months. 2021 Goal achieved, a lot of people here at BP extended help very gr...
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Hello everyone!I currently have 8 homes and looking to grow my portfolio in the new year as things settle down. I am nervous about taking the next step and wrapping some homes in a commercial loan as I’m betting on in...
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Good morning BP community!We are planning on doing our first 1031 in June 2022, we will be selling our townhome is VA and buying a 4 plex.So far we have begun talking to our realtor in VA and have a couple QIs identif...
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We are listing a flip soon and looking for alternative exit strategies in the event we cannot sell by the time our loan terms. At the moment, it does not look like renting is a viable option as the market is thin for ...
Hi Everyone, this is my first post here so please bear with me. I'm always in awe of the level of detail and information that BP contains, so I hope you guys can help with figuring out the numbers.I am trying to figur...
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I have rental property, and I'm thinking about refinancing using the VA Streamline IRRRL. I want to make sure that it makes sense before I make my final decision. After the loan is complete, I should save about $155 a...
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I am curious how is everyone being affected due to coronary happening.In N.Y. where I am from agents and brokers cannot pick up New listings, Nor cold call but can work existing contracted listing, so what about peop...
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Accept rent payment from one person only!The most common reason landlords terminate a tenancy is for nonpayment of rent. If a tenant does not pay the rent before the end of the day it’s due, a landlord can immediately...
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I need some advice on how to handle this situation. I have a client who was referred to me. He has a house that he has fallen behind in his payments on. He has moved out and is now renting an apartment.
The...