Patrick Ryan
Should I sell my STR
Purchased a 2nd home in Maine in 2018 and turned it into a STR a year later. Bought the property for 350K. The property could now sell for 700k! The property cash flows around 40K per year after all expenses. The mar...
Kate Zieverink McMinn
New to ADU - Checklist or Cheat Sheet?
Does anyone have experience with ADU's (accessory dwelling units) in any market, but particularly Cincinnati? I've had a couple OOS investors ask about ADU potential in our market... not sure what hurdles there might ...
Tom Murphy
LLC Ownership Transfer
Hey guys,Just looking for some knowledge from someone with experience in this arena. I have an llc in which I have been purchasing properties through already, however the banks usually charge 20-25% down payment when ...
Troy Forney
Private money loans and refianacing
We did the BRRR strategy on a property and refinanced it with hard money or private lender who made us put the property in an LLC. The loan and title is in the LLC. I am trying to refinance at a lower rate on a FNMA...
Kumar Gaurav
LLC for rent collection
Hello,I own a multi-family rental property and I dwell in one of the units. Are there any benefits if I collect the rent from other units through an LLC vs encashing cheques in a personal account?On a side note the mu...
Account Closed
Guide to Credit Card Hacking for Flippers!
I'm not sure if anyone has brought up this strategy before but I'd like to share how I funded my flips starting out. I call it credit card hacking though thats probably not a great name for it with cyber crime and all...
Paul Jurczyk
Refinancing Strategy Advice
Hello 👋
I bought a 2 family house in Harrison NJ last year and am looking to refinance. Ideally, I would like to do a cash-out refinance. The property is owned by an LLC of which I am the sole proprietor.
I reached ...
Robert Shearer
Using Credit Cards As Additional Capital
Hello BP... I hope everyone is doing well and having tremendous success in their REI ventures. It is always great to be able to use an incredible resource like BP, and have the opportunity to benefit from everything...
Daniela Saldarriaga Oquendo
International money transfer
Hi Everyone! Looking for some insight, I have money in Colombia South America in a savings account that I want to transfer here to the US to invest. However, currently if I simply transfer from bank to bank, the amoun...
Kyle Lauriano
Operating an LLC - Can I Finance my Deal Personally?
Dear Lenders, I am looking to run my real estate business under an LLC, am I able to finance my 1st deal through my name, and supply the title, etc. through my LLC? This way I can utilize lower rates (aiming for the B...