Liwen Gu
Purpose of a LLC and types of LLCs?
So I was thinking about setting up a LLC for the next rental property I buy, to add some separation between my rental and my personal assets. However, I was speaking with an attorney and he said that a simple single m...
Chris Virgil-Stone
Sell at a Loss to Recoup and Increase Velocity?
I closed on my 3rd rental property in April. This was a marginal deal, cash flowing about $330/mo before maintenance and capex, managing myself. I put 25% down and used interest only credit lines for the DP. Since I b...
Varun Parkash
3.125% (10 Year ARM with 30% down) for 1.2M Primary Home
Hello, one of my friends secured the following loan from Bank of America - his family relative works in the bank & got him the following for his primary home
Home sold price $1,175,000 (1.75M)
Interest rate: 3.1...
Joon Kim
Questions about syndicators
I am a passive investor and only have participated in a handful of deals so my question might be uninformed or basic. Ive been pitched by various people calling themselves "syndicators" but I find their supposed deal...
Matt Yarrington
National Tenant in Industrial/Flex vs. Large Multi-Family
All: How would you compare the relative security (of your investment) for a warehouse/logistics center with office space with a national tenant like OfficeMax, Staples, or similar with a NNN lease with several years ...
Joe Austin
Potential 5 year Seller finance deal
2 Family Building RentMortgageOther ExpNet Profit 1st Floor - Taxes 1,124 2nd Floor - Insurance 292 3rd Floor 1,500 Heat - 4th Floor 1,550 Water&Sewer 150 5th Floor 2,800 Electric 100 S...
Wilson Cheung
Converting duplex into townhouses
Does anyone here on BP have experience in converting a duplex into townhouses and then selling them individually? I am looking at an opportunity in San Jose, CA. The duplex is vacant so I won't have to deal with ten...
Olivier LePage
Targeting Big area vs small area
What do you think would have the biggest impact and return: 1 - Sending out direct mail to a large area (about 1/3 of 3.5 million population), once or twice?2 - Sending out direct mail, repeatedly to a smaller area?Te...
Marco Aceves
HELOC Shopping - Credit Impact
What I mean by the title:
When shopping around for a mortgage , there’s that 14 day window where you can apply as much and as many places as you want with only 1 hit to credit score. Is this the same for HELOCS or do...
Jared K.
Fannie Mae Multiple Offer Round
Hello,
I'm currently trying to purchase a Fannie Mae home using a VA loan during the first look period as an Owner Occupant. I made a full price offer the first day. They initiated a multiple offer round with bids du...