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I’m looking for some advice on financing my first rental property. I’m planning on starting with a 2-4 unit property that needs some fixing up but is not a total rehab. Ideally I’d BRRR the property and hold it long t...
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Hey guys, I am a 23 year old who is currently building my down payment fund for my first principle buy in Birmingham, AL. My plan is to find a small multi-family property and live in one unit while I rent the rest out...
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Hey BP community! We are in escrow for our second STR, this one in Black Mountain NC, just outside of Asheville. We will have to furnish it so I plan to fly out there the day after closing (currently reside in Oregon)...
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Hello BP,
I'm looking at small apartment complex in my area, between 10-16 units. I'm talking to insurance agents to get quotes.
-What type of property coverage and liability coverage is good for apartments this siz...
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Hello everyone. I'm trying to get some opinions about a duplex we have. It cashflows $1100/mo after all said and done. Mortgage 72k. agent is confident in 250k sales price. Take the cash to invest if/when the mark...
ok gang, i'm trying to wrap my head around this stuff..can i do a combination of a self directed (or solo--not sure the proper term), AND a roth (either IRA or 401k)?? I would really like the solo 401k, since from m...
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Hey BP, I listened to podcast 327 a few times and trying to figure out what David Greene was talking about when he said he got a commercial line of credit for 500k and then bought a few houses, rehabbed them until the...
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I am a property manager from Chico, CA. I have a client who has solar panels that are paid for on his house. There are two units, one is a main house and then a separate back house that will be rented out separately...
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Well that was a new one. Totally amateur hand made sign so I thought I had a good lead on a FSBO. Turned out to be a wholesaler trying to tack $10,000 onto a house that has been listed for $15,000 too much for the l...
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Hello everyone,
So I went to a bank to have a pre-approval done and I was denied for serious delinquencies. I had 2 collections on my report which were paid 1 1/2 yrs ago. I also purchased my primary residence about ...