Travis Lloyd
To those of you utilizing HML, how do you go about providing POF with your offer?
So to all of you out there that use hard money to buy your flips, are you making a cash offer or an offer to purchase with a mortgage? Someone asked me about this today, and I have no experience with this. The group I...
Chauncy Gray
Applying For A Loan (VA Loan)
Hello Everyone,I recently applied for a VA Loan through a mortgage banker. After the mortgage banker pulled my credit history, I was told that I "don't have any credit history, and therefore no credit score". The mort...
Kara Courtney
LLC First then Purchase? And an LLC for each property?
I’m getting ready to purchase my first investment property, and I plan to purchase more.I am a realtor and already have an S-Corp set up for my salesperson business commissions.Should I purchase my first home in my na...
David Nacco
How do you handle reserves on your rentals?
So this is a total newbie question but how do you guys handle your reserves? On a rental that’s renting 1500 a month and saving 15% ($225, 5% capex, 5% maintenance, 5% vacancy) it just seems low to me. Am I just being...
Ken Tsai
LLC for rental property - multiple location
Hello BP family, question for you.So I am about to make offer on my first MF units in state of Illinois ( I am in CA) I was told that I should open LLC and have property under for tax and liability purpose.So my ques...
Brian Cheng
How should i move on to another real estate agent
I have found a couple agents on my own and turned out they weren't investors themselves, and basically knew nothing about what i'm trying to accomplish. Is there any business etiquette when it comes down to moving ont...
Michael K.
Financial Modeling of Renovation/Rehab Costs
You acquire a property that as a renovation/rehab play, not necessarily just for the units themselves, but also improvements to be made to building systems and exterior . . . Let's say you already know the approximate...
Nick Horob
Closed on our second apartment purchase (Moorhead, MN)
My partner and I recently bought a 12-plex in Moorhead, MN. This is after we purchased two 4-plexes in Fargo, ND in March 2015 (we bought the 4-plexes for $165k each, 8.5% cap rate). So far, so good in finding decen...
Julius L Evans
Which comes first the team or the financing?
Hello BP experts. I am BRAND new to this industry and I like it so far. I have watched hours of videos and webinars and I am continuing to learn. Isn't it funny how you can hear something or watch it on YouTube and th...
Nathan Huzzey
Hello
Hi everyone, new member here from Central Michigan. I have limited knowledge of the RE business as a whole, but have some experience as a landlord. I am to a point where I would like to get more involved in RE.
I'm...