Jacob Sexton
Storing someone else’s property on your property
Someone asked if they could store a boat under my overhang in the back yard. The concern that I have is, what happens if it gets damaged on my property. Is there a specific form I should fill out to protect myself? Or...
Francis Rusnak
Extra Basement Space in C- Areas
Have extra basement space on a 2- and 4-unit in C areas being renovated.
Not interested in making them an extra illegal living space because of constraints (ceiling height and only one exit).
We have communal w/d'...
Will C.
203K loan questions and referral
Hello BP friends,Im interested in possibly utilizing a 203k loan for my first investment for either a SFH or MFH. Are their any disadvantages in using 203K? Are their any negative implications to possible forced equit...
Cali Skier
Financial Vehicle to help me pay off my house quickly?
Hi All,Just got into the business and just got my first house rented. I have a 30 year loan I want to pay off in 15. I am wondering what strategies there are out there to do that. Is it possible to save say $200 a ...
Jeremy Karja
Should I do my HELOC at 100k at 6% or 75k at 4.5%
Hi BP team,My question is simply: Should I do my HELOC at 100k at 6% or 75k at 4.5%? I have two credit unions that would give me either option but I need to decide today because the 100% at 100k (equity I have in my ...
Xiang Zhang
Is LLC a good idea for investment in crowdfunding projects
Hi friends,
Crowdfunding sites such as crowdstreet, the deals are always structured using limited partnership or LLC, and investors are limited partners or members of an LLC. Theoretically they're protected from the ...
Suhendri U.
Negotiate MF deal so we have cash for repairs
Folks,Need advices and opinions from expert on what term to negotiate. Here's the deal we are working on.Multi family, sales price $240,000-Monthly rent $2450 (tenant occupied 100%)-Annual tax $6382-Annual insurance $...
Kuan Yuan
Lender for cash-out refi via a conventional loan?
Hi, I'm looking to do a cash-out refi for an investment property that I own outright. I fit Fannie and Freddie's underwriting standards so I would like to pursue a conventional loan. My local banks can't do the loan b...
Jonathan Boroda
Buying my first primary living property in South Bay (SoCal)
Hello folks,I have been looking at buying my first property and mostly have been looking at condos with a minimum of 2 beds so I can find a roommate to split the mortgage with. Been looking in the mid to high 300k ra...
Lane S.
A few questions about tenant application/screening - opinions preferred!
I've been looking at a lot of stuff about handling the application/screening process with potential renters lately. There seem to be a lot of different styles, strategies, and utilities to make the whole thing as p...