as you know there are many ways to finance your first property. Whether you are looking to flip or buy and hold the methods are abundant. My wife and I own our home with approximately 4.5 years remaining on our mortga...
Hi All, Need a little help on how to properly structure this deal: Buying a property all cash for $160,000. Investor #1 (me) $70,000Investor #2 (my partner) $70,000Investor #3 $20,000 (for 10% equity in the house)Stra...
Can you guys help me out with this?I know that the rents deposited into my LLC bank account can not be just transferred into my personal bank account (Because if I do it then it pierces the corporate veil) 1) But what...
Hi all - I'm just starting out my plans to invest in a rental property. I've built a pretty good model, but I'm trying to figure out one key aspect around taxation. For my example, let's assume the following year 1 pa...
Hello everyone! We would like to buy our house from the landlord. Currently, it's a duplex with the landlord occupying half and we the other. We already agreed to buy it with "owner financing". Since the owner still h...
Location: UPSTATE NEW YORKHi all! First off, I'm not certain this is the appropriate forum to be posting this on so apologies ahead of time if this is not the correct space. Situation: House went under contract for sa...
Hi all.We have a couple opportunities ti purchase a couple properties (one is a single family, the other is a duplex)Both of them are new construction but only about halfway complete.We have learned of the reasons why...
Hello BP Folks! Wanted to bring up the topic of section 8 potential applicants.
I have a 3 family in Hartford, CT that was recently updated in an area where section 8 applicants are common. I have the typical rental ...
Hi All,Lurker, podcast addict, investor in Myrtle Beach SC, NY, and NJ, and finally publishing my first post here. Was curious what the community's thoughts are on condo investing evaluations.While many HOAs are diffe...
When buying rental property, do you have to have a property manager in each state you have rental property? Or is it a “one company takes care of all” type of thing?