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I purchased a home a few years back as a second home, and I now would like to rent this home out full time. The lender we used at the time had specific requirements around second homes, mainly that it couldn't be ren...
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I'm looking at a commercial office space deal, as a first time commercial investor. After some difficulty getting ahold of commercial lenders, I found a broker to talk to who thought the credit / finance requirements...
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My name is David and I'm looking to purchase a vacation home in Siesta Key. I live in Michigan and am looking to be a snow bird. I'm a real estate investor and am looking for a value add opprortunity that will generat...
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Hi everyone. I will be forming an LLC for note buying as well as tax liens and some private lending. Anyone involved with these things that have formed a company have any advice on accounting practices? I don't kno...
I found a condominium unit I am interested in buying to rent out. It is in a great location in a major city. There are 15 units total and 13/15 are owned by one corporate entity. The agent told me that due to this, it...
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Asking for a friend...A friend of mine is under contract to purchase a (new construction) property. The down payment is 40,000. They were scheduled to close August 31st, but the seller has been unable to get a permit ...
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I’m looking to buy a multi family property in Springfield Massachusetts. I’d like to live in one of the units and rent out the others. I want to get a good deal, but my highest priority is my personal safety. My qu...
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Friends,I am looking to purchase my first property. Would you mind taking a few minutes of your time to help me understand the report I've linked below? Specifically I am trying to understand the following:1. In the s...
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I am under contract to purchase my first multi family rental property here in Phoenix. I asked for the financials and was given a statement for the 2015 year. Problem is that it only has July through October. And ju...
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Hi BP. I found a property that is worth $55,000 for a purchase price of $25,000. I would rather not go to a bank, but most lenders (hard money for example) have a minimum purchase price of around $75,000.Is it possibl...