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People assume that whatever information is readily available is common. This bias skews our perception of reality. If you watched a show about flipping houses and the flipper in each episode makes around $40,000 to $6...
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I am in the process of buying my first investment property using VA loan. It will be my primary residence for about 1-2 yrs until I buy the next one therefore I am analyzing it as a rental. Property has been on the m...
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My question is mostly out of curiosity. Does anyone on here have any example of you or anyone else being sued and losing the entire asset, business or worse?I hear so much about asset protection and it just gets me th...
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We are working out a deal to partner with a very trusted contractor that we’ve worked with in the past many many times. But he is requesting some thing that I’m not completely sure makes sense.The deal is for 50/50 Eq...
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https://www.cnn.com/2019/05/15/economy/real-estate-commissions/index.html
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This seems excessive to me. Cash out is at a small local credit union. They said this is what they account for and anticipate so it may change. What are your thoughts? What can I negotiate down? Rate is 4% on a 30 y...
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Hi BP Community,Just wanted to get some opinions on this question!My wife and I own a vacation home in New Hampshire. We currently do not rent it out, and we are interested in moving it to an LLC. I am aware of the ...
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When making an offer is section 4b good enough to get me out of an deal that turns bad because of unexpected issues or contractor bids that make it not profitable.
My realtor thinks its good enough I think i shou...
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Im not qualified for FHA since i dont have two years of tax returns....If i form an llc and syndicate money, is it reasonable to get close to 100% funding on it even if its my first deal?
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I have a MFH housing unit. Two units share a washer and dryer. Both tenants moved in within 2 weeks of each other. The Washer and Dryer were purchased brand new in August 2019. The washer and dryer were delivered t...