Neil Buettner
Refi help on 1st BRRRR in Indy
Hello BP Community!! Thank you in advance for your input.
I am an OS investor from CA, nearing the end of the rehab process on my 1st BRRRR property in Indianapolis!! I am currently seeking guidance and strategies o...
David F.
Commercial vs Residential Lending
If my solely-owned LLC finances a 4-unit new construction with commercial lending, can I later refinance using a gov-backed conforming loan in my own name? Assume the property meets all the requirements for a conformi...
Shane Setzer
Evicting someone from a non-conforming 3rd floor unit in MN
I have a candlemaker that has rented the non-conforming 3rd floor unit of my property for the last 3 years. She is not supposed to be living in the unit because it only has a half bathroom. To paint a picture, it wa...
Tim Loughrist
Zoning Issues Re: Converting Duplex to Triplex
I own a duplex that has a crumbling foundation. In an ideal world, I'd replace the foundation and, in the process, make it possible to put a third unit in the basement. However, it is only zoned for single family or d...
Megan Roy
ZONING ISSUE-- Bought as a Duplex zoned as R3 Residential?
HI all I am hoping you can assist with your experience here.
I have a client who purchased a duplex and rehabbed it. He worked with a licensed HVAC, Electrician and Plumbe.
We are at closing and he's running into ...
Jeremy Michiels
Frankenstein house found - Thoughts on what to do with it
I just walked through a home in North Dallas yesterday that has gone through multiple modifications and add-ons. It's zoned as SFH, but currently housing 2 separate renters and the owner (think 3 plex). The owners spl...
David Gimenez
Financing 5 condos
Hello;I have 5 units purchased in cash and I am looking to cash out to purchase more. The units are being transferred to individual LLC's. 4 of them are valued now at $90-100K while the 5 is a little more $110-$120K. ...
Jay Miller
Finding a Contractor with FHA Appraisal Experience
Hi All,I am looking to make my first real estate purchase - a two flat with a non-conforming attic - which I anticipate to be financed by a 203k FHA loan. Ideally, I will re-zone the non-conforming unit so I can live ...
Celia Moore
If the fed interest rates are rising why aren't ours?
Seems like something fair would be self-explanatory, but I can't think of any reasons. Would be nice to actually get some interest on our own money!
James Stewart
SDIRAs, LLC's, multiple states - and just beginning
If someone can provide sage advice to a novice, I would be grateful.
I live in Colorado, opened an SDIRA in Ohio, but would like to buy rental properties in Indiana. I've read its wise to use an LLC for rentals, l...