Would you purchase a property in an area you are not 100% comfortable in, simply because it was a good price? Or stay away? Thanks in advance for your input. Newbie Alert
We are looking to buy a new house to live in. Preapproved and ready to go. We also have an LLC with a rental and just took a fix and flip loan and applied for a 30 year loan. Would personally guaranteeing the LLC loan...
Good Afternoon BP universe. Working on my first single family rental in Charlotte, NC. Wondering about a prospective tenant who is squeaky clean other than saying he is moving to the area recently to look for work, bu...
Hi I'm Andre, I live in indiana I'm currently try to close on my first investment property which is a 2 unit rental.. My question is should I form a LLC or not due to tax purposes because I work as an electrician maki...
Hi Everyone,I was recently responding to a post on a meetup group "New York Real Estate Entrepreneurs" about a private loan with 5% interest. This guy, his name is Michael, said he could loan me $200K with 25years ...
Hello BP community,
I am looking to purchase my second property within the next 6 months and continue to build my portfolio from there. Currently, my fiance and myself live in southern California where it is just to...
We have a once in a lifetime opportunity for a 50 unit deal, off market, two blocks from a college in West Virginia. Looking for NonQM, Non recourse, or Non conventional options to finance the deal? Would also like to...
I was impressed with my sales ability when the candidates for renting my property volunteered to pay 12 months in advance.
Then I was scared when my broker said its a BIG red flag cuz they might want to turn the hous...
I rent out the extra bedrooms in my house. I have a nightmare tenant who is moving out in 8 days (can't come fast enough!). She is not staying here tonight and she has left all of her lights on and her blinds are fu...
I am seeking general guidance to ensure I set up the correct legal entities and comply with the laws.I am very excited to be working on my first REI deal in Virginia. My close friend / business partner and I have team...