Hi BP,I am pulling the trigger on another rental property. A duplex. Based on the numbers it looks like it is just going to hit the 2% rule. Purchasing for $31,500 w/ $1,500 seller credit and potential rent is 400-...
Hi Guys,My team and I will start tapping into pre-foreclosures the upcoming month, so I wanted to ask you guys how do you guys put these deals together? What strategies do you use to lock them up ? I know some guys gi...
I had an airbnb that I've had for years then was asked to upload my govt ID . So I did that and was then locked out as they reviewed account then sent email that my account was deactivated and no explanation as to why...
What are the (realistic) qualities of a good client?
We are ready to start investing in real estate and will be looking for an agent. We want to make sure we are the kind of client that a great agent wants to work wi...
Hello, I have four properties and 10 units. All were purchased in my name. My accountant advised me to set up an LLC for them, so I did. I contacted my lenders to see if it would cause the due on sale clause to be ...
I have a small residential portfolio which I have enjoyed and would like to continue to grow. Commercial investing has always interested me, although I have heard its a much different animal. I have a residential lice...
I placed an offer (through a Realtor) on a REO today. The proof of funds letter I had was from a Transactional Funding lender. The realtor was confused on how to write up the offer because I was using Transactional Fu...
So I'm wondering who here has any direct experience or knowledge of triggering the due on sale clause in a loan from transferring to an LLC? Have been reading about people who heard about this happening, but never hea...
I live in a HCOL area and there is a small two-family that is currently available to me for short period and I was in the market for a multi as my first purchase when COVID hit and the market went down the tubes. Howe...
Hello,
Long time admirer, first time poster!
After a few months of reading and research I would love to make 2022 the year that I get started in REI. My initial investment goal is to do a few flips for immediate pr...