Hi all, stay with me on this one.....I am half way done with renovations on my first duplex BRRRR. I purchased it with hard money in an LLC. I currently own two other duplex's, one in my personal name which I house ha...
Cliffs:Passed all my screening methods. Give me 800$ cashiers check to hold house until Security deposit and first months rent is available. Each time she attempts to cut me a cashiers check for the sec/dep+1 month ...
I'm just about to close on my first rental property -- a duplex. Currently, my wife and I contribute the yearly maximum to our employer 401K plans to decrease our taxable income. However, now we are considering r...
Hi, I created a business and bought my first rental under the business name. I have 100% equity in the property and wanted to cash out refi the property in order to get cash our to buy another. No bank will do this be...
Can you put a mortgaged property in an LLC? A single family or 1-4 unit. I was told that you cannot do so unless the property is paid off. True or not true?
Hello! My wife and I are new to investing, and we just finished Rich Dad, Poor Dad. We have about $120,000 worth of college debt, but we're hoping to learn to master our money and start real estate investing within th...
Hi, BP friends:
Not sure if this topic has been discussed before or not. I always get questions by new private money lenders: do they have to be accredited investors to become a private money lender? I know that if y...
Hello,
I was wondering if anyone may be able to breakdown the percentages of company cash flow that they offered sponsors on their first multi family real estate deal for paying the earnest money, inspection cost and...
Hello everyone, so I been window shopping, so to speak and I found a really nice property in a good neighborhood that I am familiar with. It's a foreclosure on sale for $12,000. I'm completely new to real estate so ...
Hey, I recently turned 18 and I work in the HVAC field. I live rent-free and plan to save up for the next two years to put down 20% and get approved for a conventional loan for my first long-term rental property. Do y...