Byron Paille
Have package deal for 5 home, need financing
I have an opportunity to buy 5 homes as a package deal. Agreed to 365k on a 440k price. 2 with renters, 1 ready to rent 2 needs final finishing to rent. How do I get this financed. I do not want to do 5 closing on 5 h...
Jeff S.
How safe is your cash?
Invested in a stable value fund that maintains a stable net asset value for preservation of capital. Supposed to be safe but in talking with one of the advisers he informed me they had a large position in AIG before t...
Victoria S.
Pros and cons of 4 plex? Financing a 4 plex?
If you are considering buying 2, 4 plex units, can you get a residential loan on 2 separate units to avoid commercial loans? It is one seller selling the 2 units. Also, what are your thoughts on buying a 4 plex? Woul...
Rob Burgess
Advice on setting up an LLC
I am new to real estate investing. I have one SFH door currently and am actively looking to add a second soon and in the future hopefully more. I am currently not set up as an LLC, but have received strong advice th...
Jordan Gerkin
Can I Get 3 Separate Mortgages for 3 (technically separate) Four Unit Buildings
Hi Everyone, I hope this is the correct form to post this on. I have maybe an interesting situation/thought. I currently have 3 four-unit buildings under one loan. That is the way I bought them because they were all f...
Christian Hutchinson
Lending Options Multiple Properties
We have several rental properties. Some owned outright for Cash, one has a mortgage.We are selling two properties in the next 60 days. We want to take the proceeds from those sales, which will be between 85-115K and...
Jeremy Letkeman
Financing an additional project when I got a “free” house
Back in 2018 I purchased a house (calling it house B) through re-financing my first property (house A), with intentions of fixing it up and renting it. house B was run down but had good structure, needing an interior ...
John M.
Renting out an ADU, what do you do about utilities?
Hello,I am looking to purchase a property to rent out and construct an Additional Dwelling Unit to rent out as well, as a long term rental (more than 6 months). The city code doesn't allow me to hook up water, electr...
Sharad M.
What does two meters and one boiler mean?
Hello all,
So I am looking to buy this duplex and I noticed that it has two separate gas meters, but only one boiler. I called the gas company to find out about what all I need to do to separate the utilities and thi...
Michelle Speer
QB question for fix and flips and rentals
We have been doing fix and flips for over a year now and only used one LLC for all of them. We are in the process of switching to a C Corp to oversee multiple LLCs, specifically one for each property. We will also ...