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My lender would not let me cancel my impound account until my LTV is 80% or less. Their LTV is based on the appraisal from 1.5 years ago (much lower value) rather than current FMV and they wouldn't revalue the propert...
Hi BP family
I live an Illinois but plan to purchase rental property out of state. Do I start my LLC in Illinois or the state I plan to purchase property?
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Greetings team!I am the process of exploring an opportunity to flip a fire damaged property. Have never dealt with this kind of properties. I tried to get some elementary education on flipping such projects.So far, my...
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Anyone know of anybody in town (Las Vegas or Henderson) willing to open a bank account for a series llc cell? Banks like Wells will open one for the master llc but not the cells, so that won't work.I know the larger i...
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I am reviewing properties for my first purchase. I’ve educated myself here (thank you BP!) for buying a 4 to 6 unit building. My questions are:The property details list the current rental rates and generously forecast...
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Hello and welcome back to my house hack adventure. If you are new I suggest to first read the first post; My House Hack Journey: Detroit Edition. If you are following up, as a reminder we left of with obtaining a pre-...
Hi, Guys. I have a question for any attorneys & mortgage gurus out there, that might be able to help :) Recently... I obtained financing for a project and noticed an interesting clause at closing. Basically, it sa...
Hello BP community!I have been a long time listener/reader and am excited to be here posting on the forums as I take steps towards building my financial freedom.My wife and I have an opportunity that we need some guid...
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Hello I'm looking for feedback on getting a specific Direct Mail campaign going $1,250 a week for $5k a month in mailing. I've done DM before and purchased houses and rehabbed them. I want scale my marketing up. The c...
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I am on the fence as to whether I should get my real estate license as a newbie REI and I've read several pros and cons about getting the license but some of the information I read is implied or not clear. I have atte...