Cosmo Iannopollo
Down Payment on Hard Money
When using hard money, how does the down payment work? Given that it's a reno and they seem to lend on ARV, the purchase price of the house is essentially taken care of. Do you then cut a check to the lender at closing?
Alex M.
Would you pay for a security door
I recently purchased a small multifamily property that came with tenants. A tenant in a ground floor unit reached out over this past week asking if I would install a screen door as "the previous landlord had promised ...
James Camp
[Calc Review] Help me analyze this deal - good deal?
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*This link comes directly from our calculators, based on information input by the member who posted.
Mikhail Abbott
Look for advice on forming an LLC
I am looking for some advice on starting an LLC for an out of state sfr rental I have in texas. Through my research I am finding that Nevada and Wyoming seem to be the best states to form in. Looking to create a relat...
Jody Sperling
A Naming Strategy Brandon Hasn't Coined
Hey, all,In mid April, my wife and I decided to make the leap and buy an investment property. Because we didn't have enough cash saved to put a 25% downpayment on a home for a commercial loan, we elected to murder two...
CL Ziegler
Cash deal, or borrow? (tax differences?)
I've asked this before, and came away MORE confused. So let me try again.
Another poster on here in an older thread said: "In a few years when my units are paid off, I can keep the full rents as profit." (p...
David Miller
Closing on property, cannot get keys
Hello,I am closing on my first rental unit on July 1st. This is an off market deal and we are using a real estate agent. The unit is currently rented, but will be delivered vacant. The issue I am having is that the...
Abdenour Achab
How do I sell a promissory note without risking trouble with the SEC
I own a note in Redding California. I located, through public records, some people who either bought notes in the past or lent money secured by real estate in the Shasta county (not the owner finance people - only ...
David T.
The best and worst US housing markets
Y'all,
here's some facts some of you will just love to ponder.
http://www.housingwire.com/blogs/1-rewired/post/28843-the-best-and-worst-housing-markets-in-america-right-now
Gives coast to coast a ...
Han T.
Issuing Promissory Notes from Individual to LLC
Hi BP community! Hope all is well. Here is my question.I would like to check if it is possible for a LLC to issue (borrow) promissory note to an individual for the purpose of buying real estate. If so, can it be done ...