I want to build a rental property portfolio. I’ve heard several investor say “It’s best to do an LLC for rental properties”. I do agree with that statement, but how do you obtain a conventional loan under an LLC? I w...

In seeking a DSCR cash-out loan, I've learned that lenders want to see bank statements. I had thought DSCR's were only property based, but lenders I've just begun to contact are saying I need to provide bank statement...

Hello BP sages.  I'm in negotiations to purchase a 12 unit apartment building in Ohio.  We've tentatively agreed upon a price, but there's quite a bit of the financials that the owner has not yet provided.  I'm hesita...

Do lenders actually lend on the income of the asset or it is weighted on the net worth of the borrower, or both? 

Do you think this guy makes money selling financial products?  Always view these kinds of advice critically..."consider the source" and what biases they may have. https://www.cnbc.com/2021/04/0... Most of us would dif...

Hello everyone,Earlier this year I purchased my first five units (4 SFR, 1 condo) in the greater Columbus, OH area under a land contract agreement. The units are now fully occupied and I would like to pursue a refinan...

Is it legal to transfer your property to an LLC you own, then have that LLC rent it to yourself?

The intent is to separate it from the payment (assume the lender will go along with it; i've talked to them, and they w...

Hello everyone,

Recently, my HOA just sent out letters to all owners in the building and said the the HOA fees will go up by 10% starting next month. I saw that they justified the increase by xwz reasons (I'm sure th...

My list of properties has more than doubled this year. I was tracking expenses with excel spreadsheets. I am hiring a CPA to do taxes this year. He recommends getting quickbooks. Is it worth the monthly fee, time sett...

I hear all the time in seminars, books, and even talking with mentors to write down my “Why”. They provide the example Darren Hardy uses of walking a plank for $20 anyone would do it easily. Then they say if the plank...