I recently filled out a pre-approval application for a mortgage, however, the lender did a hard pull and told me they came back with no score. Credit karma gave me a score of 711, I know it is an estimate but I found ...
I know some other investors who have done this before and recently talked to two sellers where such an arrangement may make sense. Essentially, the owner moves out and gives me control of the house. I use my knowledge...
when hiring a plumber or hvac guy or electrician I understand a need for them to carry insurance. I want a guy who is licensed, will warranty the work and carry insurance that will protect my property in case he...
Greetings BP'ers,My coworker/mentor has a financing issue to resolve. He owns currently 17 shf properties (all paid for) and is looking at a small apartment complex (10+ units under 500K). He has the equity to cover t...
Hi, I’m looking into a couple of properties in the Indianapolis area, I’m hoping to close on one soon and I have another that I’m setting my sights on, my question is it worth having an LLC while only having 1-2 prope...
Hello BP,I found a home that I want to purchase and live in but as a real estate agent I write off so much that my income is really low right now. In the next few years I will change this so for now I want to lease pu...
I have been told I can buy a 20 unit multifamily. I have 20K in a self directed Roth IRA with checkbook privileges and about 5K cash.
Is this possible or am I dreaming?
Thanks for any feedback. Or any how to's...
I was just presented chicken scratches and half completed spreadsheets on a 50 unit building.Could be an opportunity as it's a out of town landlord and the building has had its share of problem tenants.Most of the uni...
I'm a full time Investor and have an LLC. What are the pro's and con's of transfering my properties to the LLC? Thanks, Ritch
I discovered during my renovation that State Farm will be ending coverage on vacant properties. I was supposed to be covered for the construction period (vacant) and then they would convert it to an occupied policy on...