Will Schryver
Anyone have experience using 401k to fund their LLC?
Need any feedback or advice from someone who used their 401k to invest in their own company. I know I can get a loan (50% or up to $50k) but ideally I would like to have access to the entire amount without triggering ...
Bob Asad
Use SFH HELOC to Purchase 12-Unit Apartment?
Would you recommend doing something like this?
Using SFH primary residence with a HELOC (ex. $425k) to purchase a 12-unit Apartment ($1.5M) with 25% down ($375k from the HELOC).
The remaining $50k from the HELOC cou...
Corey Meyer
Need financing fast for $189k Big Sky, MT studio STR!
The perfect property that checks all my boxes for a short term rental just hit the market today and I don’t have financing in place!I would like to put in a full price offer on a studio near the ski area of Big Sky Re...
Matt Harper
Lease to Own Business in Rural Area
Good afternoon BP community. I live and operate in a rural area outside of Atlanta. My town does have other smaller, rural towns that surround it as well. I was looking for feedback on starting a lease to own busines...
Mike Nelson
Owner oversight of managers authorization on spending on repairs
In a 425 unit property managed by a professional property manager, what is the upper limit manager shoud be able to spend on making a repair without getting permission from owner? Sometimes times is of essence in giv...
Jason Cummings
Any resources for learning about the HoA lifecycle?
Hi all. I'm interested in learning about the lifecycle of the typical Home Owner's Association, from beginning to end. I'm even more interested in the pain points HoA managers experience when trying to conduct operati...
Kevin S Christensen
CA Purchase contract
I am a real estate broker, and homes that I have sold to investors have large down payments or cash. Off of the purchase contract, I would verify proof of funds, ask for prequalification letter from a lender if buyer ...
Tyson Scheutze
Dude, Where's My Manager?
How much do people matter in managing SFR?
Tech is great, but what happens when you don’t know who you are leasing from or who your escalation point is?
In my last post, we talked about how leasing occurred in scat...
Alexander Popusoi
Do I need to create a business to get POF from hard money lender?
I'm only starting my education in wholesaling, and I've learned about the common problem of missing POF that wholesalers encounter before closing a deal. When I make my first deal, I want to be as prepared and honest ...
Chauncey White
Commercial loan process
The Commercial property itself for the most part qualifies for the loan vs. the fico score of the borrower with residential property.
You are able to obtain NON-recourse financing (not personally liable) for commerc...