Hey guys, I have a question.What if I buy, let's say, 3 houses and then I want to rent out all of them. Which primary residence should I use? Do I really need to live AT LEAST A YEAR in one of the houses or can I just...
hello, I would like to know if I wanted to open a new LLC or even amend my current one to add multiple members and purchase rental property, would one member have to qualify for the loan or all? If all, does this incr...
When we formed our first company, about 10 years ago, we chose an LLC format and that has worked out fine. We carry umbrella liability on the LLC and each property is added to the policy as they are purchased.
Base...
I'm a newbie and I'm looking at property that I put an offer on last Monday, then they came back and asked for "highest and best" by Saturday at 2pm. It's now Tuesday and there is still no feedback from the seller's a...
In a recent webinar, Brandon talked about his 'funnel' process, winnowing 1000 deals down to 100, and then analyzing those 100 quickly to get to 10. He talked about making offers on those 10, hoping for a hit, and he ...
Hello - my husband and I are closing on our first house this Friday (duplex, house hacking). We plan to buy many more houses over the years and build this business. We're using a realtor who has been very helpful and ...
Hello, everyone -- I'm a novelist doing research. In the story, there's a deserted six-story apartment building that is in condemned condition. Urban explorers and homeless people pass through there to party, to simpl...
Hello, I have been approached by an individual who is looking to sell his two properties (4 Unit 2BR, 1 BA and 2 Unit 2BR, 1BA). He is looking to do a cash sale of these properties and doesn't want to split them up, t...
I know that multiple credit pulls impact your credit score. How do you get around that with talking to multiple lenders? I have 2 lenders that I work with regularly but looking at a 5 flex for the first time and may n...
I bought a 4 unit apartment building. 2 units upstairs and 2 down. There is one furnace that heats the whole thing thy the landlord pays for. The thermostat is currently in the basement where the tenants can't mess wi...