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Hi everyone, I am asking this question for a family member who is thinking of buying a new construction in Northern San Jose. The purpose would be to maybe have it for retirement in a few years (or at the very least h...
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So, I am purchasing a tri-plex, and the ultimate goal is to Airbnb two units. Maybe all three if permissible. I was reading the book, The Story of Airbnb, and I know this may not be possible. Is there a limit everywhe...
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I just purchased my 4th rental property, and currently own all properties under my own name...no LLC. I know there are different schools of thought on how to structure the business. Does anyone know a fair, reasonab...
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Instead of becoming an HML, I'm looking for innovative ways to lend money or finance flips and other real estate projects. After reading a couple posts on the topic, my wheels are turning. Forming a Series LLC or an...
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Hi BP!I have a great off-market deal (a condo in an HOA in Chicago) that cash flows $1,000 per month and the seller wants to sell it for $415k. BUT the most recent appraisal of a comparable condo in the HOA was sold f...
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I'm just a novice investor but the more I read about LLC the more disadvantage i found than the advantages it provides. Cons:cost more to setup, cost more each year to file taxes, can't take out conventional mortgages...
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Hi everyone,
I am looking to purchase a piece of property in Philadelphia using a conventional mortgage in my name and later transfer it to a newly formed LLC. A previous post from 2008 states banks won't let you do ...
Hey all,
I am buying my first fourplex and am trying to decide how I want to manage it. Has anyone here used Cozy? It seems like a great tool and a fantastic price. Any positive or negative feedback?
Thanks!
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Greetings everyone
Please help me understand mortgages , what's the purpose of a mortgage company /bank if they still need to get permission from underwriters .
Terea
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Hello! This is my first post on BP but I've been reading articles for a while now. We are new to the REI world but my husband's brother owns a small rental property and has a team of brokers and a lawyer who he works ...