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When buying an out of state rental property (our first one), would you recommend connecting with a local insurance agent or adding the rental property to your current insurance? We have State Farm covering our primary...
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Below is what I've seen from Freddie Mac where I got my loan. Please note that "borrowers are eligible for forbearance regardless of whether their property is owner occupied, a second home or an investment property."...
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Selecting the right real estate investment is a critical step that can set the tone for a successful business model. It requires careful research and consideration of all factors involved, including location, budget, ...
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Hello, I am 1 of 2 owners in a real estate LLC that holds 4 residential real estate properties that are fully paid off. Does anyone know if it is possible to obtain a mortgage loan to acquire an additional property wi...
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I have an RE Investor friend who has 30 years successful experience in Fix & Flips. She needs some additional rehab funding to finish a project. Details are below. She's waiting on my response or counteroffer. I...
Hello BP Community,
Just signed a purchase contract as a buyer in Florida. The seller has an agent but I do not as the buyer. The seller's agent prepared the contract, had the owner sign it first, then presen...
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So I am looking to get some feedback on the pros and cons of having one LLC for two states. The LLC would be set up in the state of Texas where I reside and buy most of my properties. I am looking to buy some more pr...
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When two different financial / tax advisors encouraged me to look at solo IRA or 401(k), I figured they both can't be wrong!I spent the weekend visiting lots of websites and reading lots of content. I'm down to three ...
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Are there any other benefits to putting a property in a trust VS LLC aside from when in a trust there is a beneficiary designated should the trustee pass away so it is clear who the property would go to.
I guess thi...