Bill H.
Single Family Portfolio Loan 1MM+
Hello All,We currently have an LLC that owns about 24 single family rentals in MD. They're currently financed with a local bank at 4.75%. They're fixed for 5 years and then adjust, we have 3 years left before the ne...
Derek Back
Should I do a cash out refinance on first rental property
I am new to the investment property game and just purchased a condo using a home equity loan (HELOC) off my personal house. The HELOC is for $80k and I purchased the condo for $75. The loan is interest only payback at...
Glenn Hirsh
990 T - SD IRA - When to file?
Recently received my first K-1 from an SD-IRA syndication investment where I am considered a Limited Partner in a multifamily property in NC.
It shows a negative amount per the depreciation taken against a relatively...
Zach Bechard
How does re-payment work on HMLs?
Hi BP Community!
As a newbie and future flipper, I have been researching and reading up on Hard Money Loans. The piece that I am missing is the process of how the payments work.
If I borrow $100,000 from a Hard Mone...
Ben Walker
Primary to Investment Property with partner
I bought a single-family fixer-upper in November with the intention of it being my primary residence once the work is completed. After buying it, my buddy who flips houses, suggested we partner on it and turn it into ...
Isi Nau
Hawaii Landlord-Tenant Rules (COVID-19)
We've received a number of questions over the past few weeks regarding what landlords can and can't do during the COVID-19 state of emergency. Here is a helpful Q&A on some common scenarios right now. This is he...
Corey Dutton
Listings Selling For More Than Asking Price? Bidding Wars Are the Norm in Most Markets
The National Association of Realtors has just reported that the housing inventory in the U.S. has dropped to $2.5 MM units in April, the lowest number since 2006. Here’s the most common scenario that realtors in Salt ...
James Elston
Where do I go to get contracts?
Hello all,
I have a newbie question. Where do i go to get contracts for the various types of financing (sub2, lease option, etc)
Tanner Carson
Private Investor Strategy & Questions
Good Evening BP!Okay so I have 1 flip under my belt (net 19k)I put all that money back into my current residence that we are deciding to make our primary residence after 35k of renovations, because we love it so much....
Account Closed
Splitting the Profits
I know the answer can vary greatly deal-to-deal, but how do you go about splitting profits? Lets say I have a partner that invests 100 percent of the money and I do 100 percent of the work, i.e. renovations, marketing...