I am just starting out in real estate and about to buy my first rental property. Should I open an LLC for my first property? I'm in Pennsylvania and the fee is only $250. I understand that there are liability and t...
As a first investment, would anyone on here consider a BRRRR?In David Greene's BRRRR book, he suggested that it is better to wait and save up for a BRRRR as opposed to the speedier route and just doing a conventional ...
Would like to make my first deal in the next 6 months or so. We have pre qualify for 300k original mortgage and we have 140k in equity. Looking for a 2-4 unit in tonawanda kenmore buffalo ny. Just looking for somethin...
Should I withdraw money from IRA to invest in rental property? I have enough reserve cash to finance 1 property with Cash on cash ROI 11.9 Or I can take an early withdrawal and buy 3.The penalty reduces the Cash on ca...
Hi,
Looking for some help with the ins and outs of DSCR loans. Advantages, disadvantages, etc...
Thanks!
I’m seeing some residential portfolios (4-plex and maybe an occasional 5-unit MF in there) listed for sale in my area. I’ve been focused on MF value properties and understand how NOI impacts the valuation. Let’s say t...
With both of my parents being entrepreneurs, I realized early on that working for others wouldn't give me the freedom I wanted in life. I went from selling snacks & sodas in vending machines at my dad's barbershop...
My fiance and I are looking into renting out our home and purchasing a larger home for our large family. We presently live in a 3 bedroom, and have made an offer on a 5 bedroom home , which was priced at $199.900 and ...
Hello BP Family, my wife and I got a possible deal financed by the seller. We have no knowledge on how to structure a deal like this so we need your help!Some info: Seller is getting rid of some properties and we want...
Greetings all,I wonder if anyone else has had time to absorb the impacts of the proposed tax changes in the bill introduced in Congress? What are the tax impacts on investors? Do you think it benefits us or does it ...