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 ...
Account Closed
Working from Home: Where will the World Go?
Living in a new age of people working and learning from home!I recently listened to the BP Podcast episode 380 (Go check it out!), and they brought up an interesting point. Many people are working from home, so I'm cu...
Javis Ray
Is getting both licenses a "No Brainer?"
Hey All!Is it a no brainer for agents to also get an MLO? I'm biased because I work for a company that helps agents do just that, and this is not a pitch (I'll not mention my company name at all,) it's a genuine ask f...
Clifton Young
How to start a Rental Property Portfolio Biz
I want to build a rental property portfolio. I’ve heard several investor say “It’s best to do an LLC for rental properties”. I do agree with that statement, but how do you obtain a conventional loan under an LLC? I w...
Taylor Holden
Carpet of vinyl for appraisal purposes!
Hey all! I’m just starting my first BRRRR. I bought a great house from the foreclosure sale. It’s just cosmetically ugly. I was figuring on painting everything and laying all new floors as it has some ugly blue 80’s c...
Mike Day
Financing with LLCs and DTI
Hi all. I'm a serial BRR-er and have recently hit a wall acquiring more properties because each additional one increases DTI above the level banks will accept--even though the properties cashflow. So it appears that t...
Ben Tiggelaar
Financing an office building through a CMBS or non-recourse loan?
I'm seeking to acquire a 9% cap rate office building with solid, long-term tenants in a great location. I'm putting together the financing now. Where is the best place to find a Commercial Mortgage Backed Security (CM...
Marcus Auerbach
Flooring: Pergo Outlast+ vs LVP
Could not find a recent review, so I'll leave this here.
We are currently rehabbing a high end rental property here in Milwaukee and I was looking into flooring options for living-breakfast-kitchen. We normally LVP ...
Jeff Lawlor
Bookkeeping: How Do I Split Personal and Business Expenses?
I have an ADU next to my primary residence and often buy things for both units. I'm using Stessa and looking for the right way to record only the business expenses.Here's what I'm doing:1. Enter an inbound "owner cont...
Kev Li
Best way to pull cash out of rental property?
Hello, I have a rental property that is 100% paid off with no outstanding mortgage, and the property located in a northeast state. I am currently living in the southwest. I am hoping to pull pull out the cash from t...