Mike Hemmer
Buying an occupied property from Aution.com
I see there was a thread on this but it is several years old. I have purchased several properties from auction.com, this is the first one that is occupied. From the "stalking" I have done, it looks like the actual own...
Drayden Morgan
How do you make money from a subject 2 deal?
Can someone help me understand how do you make money from a subject to deal if the mortgage is already the same amount as the areas rental rates?
Jimmy Harris
Partnership Profit Split
I have a partnership with a partner where we are 50/50 owners of several rental properties. We have taken out a LOC on the equity in our rentals to fund flips. I will find the properties to flip, manage the contractor...
Melissa Dorman
Duplex or Fourplex for my first investment?
So I'm moving from LA to Portland, saving my pennies, and looking to buy my first property (likely FHA 5-15% down, owner occupied). Inventory is scarce and prices are steadily rising. I will have about $50,000 for dow...
Joshua Jones
100% Private Money Lenders on Facebook
So I'm in a ton of Facebook groups for investors and see a number of PMLs advertising 100% financing.I messaged one to see what the deal was. Basically, he offers 70-90% for purchase (based on experience/credit score...
Kevin Danikowski
How to Owner-finance part of this deal?
Hey All,I have an owner that is very willing to do owner financing as long as I hit his purchase price (PP). He owns 150k equity in a 350k 3 unit property. I'm trying to figure out my best course of action to do 100% ...
Josh Edelson
LLC or S Corp or Umbrella insurance?
Hello - I have 11 properties in my own name and a $2m umbrella insurance policy. I’m looking to eventually get to 20-30 units and want to be prepared. Annoyingly, in the state of California, you have to pay $800/year ...
Chris Barry
Finance a house flip with 100% HELOC
Hi there,
I would like to know if is advisable to buy a home to fix and flip and close on it with 100% of the payment coming from my HELOC. My home is free and clear and I have a $250,000 HELOC. I would like to buy,...
Jim Fournell
Trying to find what method works for me and my situation
I’ve been studying a couple of the methods described here on BP and purchase several books and I get the basics of conventional flipping and the BRRRR method. That being said I live in Los Angeles Flipping is dominate...
John Corretti
Multiple Out of State Rentals - Need to figure out LLC structure
I currently live in NYC and own 4 out of state rental properties. I have 2 in OH, 1 in SC, and 1 in PA. They are all currently in my name, which I realize is a bad thing to do. I'm looking for a way to form an entity ...