Louis Van Der Westhuizen
Multiple LLCs one for each flip?
Hello BP colleaguesI live in Southern California and from what I hear series LLCs are not recognized by the state of CA. I’ve also read (various sources) that it’s a good idea to create a separate LLC for each investm...
Giovanni Garcia
New member here, and need help with a Series LLC.
Hi, Everyone.
My name is Giovanni, I've been on BP for a while learning and listening to everything I can. At this point I decided to try my luck with the RichDadCoaching program. I learned a great deal so far, being...
Patricia Miller
Smartbuy program in Maryland
So I'm looking into buying a home in the near future. The program I'm interested in is the Smartbuy. They are willing to pay off my student loan of $32,000. My concern is that the APR:7.152% and LTV: 95% with an inter...
Lamont Hendricks
Verification of private lender
Hi everyone, my name is Lamont. I'm a newbie. I response to a random email from a private lender with a Gmail account. After he reached out I response and asked with the next steps were. Here's his response to that. I...
Tim C.
HELOC or Conventional Financing?
Hi BP,I am looking to get my feet with an SF investment property this year and have a few questions about getting financing from the bank. Question 1. I own my primary residence free and clear and it is worth $75,000....
Ryan Pal
Buying a property with a Life Estate
Hey Gang,I have a lead that is 2 houses on one lot. One house is paying $800 a month and the other is a Life Estate where they are paying 50% of the yearly taxes and utilities. The relative in the life estate is in ...
Edward Prochilo
Use cash to pay debt or purchase property ?
I need advice on how to proceed financially. Until two years ago I paid all my bills on time and had a credit score of around 730. Then I had several financial setbacks and couldn’t afford my bills anymore. I stopped ...
Mike Moyer
How can I find a buyer for mortgage note with 3rd position lien?
I'm not trying to offer this as a deal, I am trying to learn how to find people who do these kinds of deals. I'm the holder of a $350,000 mortgage note that is in the third position. I invested in a 4-unit rental prop...
Dylan Snyder
Book / Informative Read
Hey guys. I know there are tons of real estate books out there and many great picks in the BP book store. I've read many and appreciate the time put into building that list. I'd like to educate myself on rehabbing sp...
William J Steiner Jr
Rental property in Croydon PA
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Croydon.
Purchase price: $125,000
Cash invested: $100,000
When I bought it it was used as a single family home. I made 4 a...