Hi, I was approached by a friend with an opportunity to invest. His plan is to get a loan from me (promissory note) and then use the loan as the down payment from the bank. After talking to an attorney, he explained f...
Hi all, I am new to getting into RE investing. I am an AD E4 currently living in VA for training for the next couple months with no knowledge yet on where I am PCSing to for my next duty station. A RE agent in Central...
Hello, I am at the refinance step in the BRRR method now. I'm wondering what the best way is to cash-out refinance. The property is held in an LLC, I am reading that this will restrict refinancing options only to comm...
Hi All,Kind of a thought experiment which may turn into reality for me; I'd really appreciate your thoughts on this, BP community. Let's say that you have a portfolio of ten single families with debts ranging from 5% ...
Hello everyone!Just curious to see how people in this community started when venturing into the land and new construction aspect of investing. Can anyone provide some guidance on how to get started with investing in l...
Hi BP! :)General question here: I invest in long term rentals in Memphis, but I live out-of-state in NYC, so I was wondering if anyone had any general advice about starting an LLC in my situation.Would you form the LL...
Does anyone have any experience with bank statement loans?
I have a family member who recently had an accident leaving them in need of long term, full time, medical care. I've been exploring options on how pay for this expense and renting out their home seems to be a good fin...
I own a triplex in houston in the name of my llc. It is an airbnb property and i currently have an interest only loan at 8.3%, I would like to refinance for a lower rate. Are there any options for a scenario like this?
I have a huge lot in North Hollywood (about 27k sqft) and would like to explore my investment options with SB 9 land split. Can you please refer any SB9 experts, land use consultants, or developer who can share experi...