First time poster, long time lurker.Quick recap:I bought a studio co-op apartment 5 years ago in the NYC area for $58,000. I got a mortgage on it (I was 22) and paid off the mortgage 2 years ago, it's not worth about ...
I have several properties I did a JV agreement on with someone while we were feeling each other out. We have since formed a joint LLC, and properties we held were moved to it at refinance. The issue is at initial purc...
I have been studying several notes I have recieved in my email. Most of them are non performing 1st. Could someone who is familiar with working with non performing 1st please help me in how to properly conduct the ...
I read that every mortgage has a Due on Sale clause, which means you have to notify the lender when you sale the property and pay the entirety of the loan when you sell the property. How do people work with the clause...
I am planing to buy a investment in Austin,TX area. Mostly probably around Round Rock area. This is my first time buying a house or investment property.
I live in SF and make sound 150K + and planing to move to Aust...
how would I go about fixing and holding using hard money. (Step by step)
Hello! I have a few questions about purchasing an STR. It would be our first rental property. 1) should we form an LLC first? Or can we do that after the purchase? 2) STR insurance: I’m guessing we should purchase a p...
I’m beginning to get messages from tenants who are in the service industry that have been laid off due to corona virus and can’t pay rent. Any suggestions on how to address this issue.
Hey BP,
I would like your opinion on my financing options on a 4 unit property that is fully rented. I was originally planning to buy with a conventional 30yr mortgage, but then found out that I cannot use th...
Forgive this possibly dumb question - I'm still very new
I am having a realtor send me properties from the MLS so I can practice analyzing potential deals. I just read "the book on rental property investing" and plan...