Hello everybody. I have a few rental properties and I am looking to purchase more. I am looking to get a HELOC to fund my next deal. Anybody here do this? If so, which banks would you suggest?Thanks Steve
Hi all, Long time lurker and first time poster. If this isn't the right place, feel free to move it.I purchased a rental property many years ago and have been filing taxes under my personal income since I never put it...
Last year, I set up a CA LLC owned/controlled by a WY LLC, with the intention of deeding my 20% share of an apartment building into the LLC. (I've been on title as 20% co-owner.)I was able to transfer my share with th...
I have a high quality problem and am interested in some feedback from the BP community.We bought an REO several months ago and just go the former owner out this week. The house is full of junk (typical FC) but other ...
All,I need some advice on a potential purchase that is coming down to the wire. Here are the specifics in a nut shell.* In contract on 35 unit very well kept and clean building with 0-1% vacancy in Washington for 2.1 ...
Hi all, I have learned a lot after lurking for nearly a year on BP forums. Thank you all for your helpful posts. My wife and I “house-hacked” (hope that’s the correct terminology?) our way into f...
I really don't know what to do in this situation, and I need some help. This is my first property, and I use a property management company.
This building is an old (1920ish) 6 unit multifamily. It's C class probably....
Hi, My wife and I currently have 1 rental property (condo) and plan to do at least 2 flips this year. Should we be incorporating each of these individually and then add them to a holding company, or keep them separate...
Hello! I own a single-family house in Portland, OR in my name. Purchased in October, 2021, for $528,000. 30-yr fixed rate mortgage at 2.875%, $85,000 down payment. Currently ~$425,000 left on the mortgage. WIth proper...
I’m actually a huge proponent of education and courses, good ones at least, so don’t take this the wrong way, but there’s usually a HUGE gap in what is taught online and what the reality is when running a direct-to-se...