Im looking for cash to buy rental property. I have some equity in my home. Should I refi to pull out some cash for use as down payment or us a HELOC? ...or is there another option.
Hello,I am strongly committed to buy my first investing property by end of May in Philadelphia area.I would like to know what should be my very very first step. Should open an C Corp, LLC, LLLP, etc.? Before I make an...
Hi All,Hope everyone had an awesome Thanksgiving (and black Friday if you participated ;) ) So I've been looking at some multifamily properties in the Inland Empire and spoke with a Real estate/PM agent and they refer...
Hi BP Community! Hope all is well. Wanted to reach out to connect with any Airbnb investors and long term home owners in Tampa Bay. I'm looking to buy a home to act almost as a "vacation spot," but to rent out 9-11 mo...
Hello,
I just passed my RE Salesperson National and State Exam last week and I am now deciding what brokerage would work best for me. I am primarily interested in using my RE license to buy, rehab and sell my own pro...
A few months ago my cousin questioned the virtue retirement. As a physician and successful investor, although his work will change, he never wants to stop working.It's good to note that with a successful private pract...
Hey everyone!I am about to sell my house in the Preston Hollow area. I got a good deal on a property by Preston/Royal and our neighbors have been selling for $80 per sq ft more than how much I paid which is around $17...
My mortgage broker is saying that the rate on rental Fannie Mae ARMs is very bad compared to 30yr/15yr fixed. While the latter is only 1/4-1/2 point above owner occupied house, the former is 1 point above.I am looking...
I currently live in a 2 bedroom SFH purchased for 36k (bank loan of 30k and 6k down payment).
I am now interested in purchasing another similar home except with 3 bedrooms. I will again be using the bank to finance t...
Hi, not sure if I'm in the right section, but I've been reading about the "option to purchase contract" and recently heard about the "flex option contract". Are these the same thing? The language looks similar, but...