Hello BP Nation,Has anyone bought a vacant assisted living facility with licensing in place?Story: Seller is retiring and wants to sell all her assets and I'm working with a private investor to underwrite 5 lucrative ...
I have been seeing some single units pop up here and there. (Condos?) I'll post the links below. I know the area pretty well and know what the rent is like for units in the area. Seems like almost a 40-50% cash flow a...
Hi, I was told by my real estate lawyer that I can no longer accept cash rental payments from my tenants now that he created a series llc for me. Is this true? I just find it odd since I've seen other "llc" companies...
Hi everyone!Does anyone have an estimate for how much it would cost to build a duplex or 4plex in Bradenton? We have an opportunity to pick up a lot and are wondering if it's cheaper to just buy a duplex/4plex that i...
Does using a stock investment backed portfolio line of credit affect the debt-to-income ratio for obtaining conventional Fannie Mae & Freddie Mac loans? I would like to use my line of credit to flip homes and also...
Hi All,So my wife and I just closed on a refinance for our home, we went from a VA loan to a VA IRRRL, and from 4% to 2.875%. Everything has gone well so far, except for one thing that worries me. The refinance docume...
Last friday was my first call from my marketing campaign. This week I have received around 30 calls in all. I wanted to talk about the things I am doing right and things I need to improve on.Improvements needed Good n...
By searching/reading in BP, I have learned that after the barment period expires, the "clouded title" can be cleared by quiet title action. I believe someone also mentioned about "wait 4 years", but there is very lit...
I have to relocate. I see no way I will breakeven if I sell my home. I am considering renting and using a property management group to take care of the property. The home is paid for, so renting will not impede my ...
Ok, I have read books and listened to podcasts and videos. I've talked with local investors, a few developers, and have good contacts with a builder. I've attended my local REIA. I feel like I am starting to get into ...