My business partner and I have found another investor interested into going into business with us. Although we would prefer to use him as hard money lender, he would like to purchase rentals with us instead. How shoul...
I live in Chicago and I plan on opening my business as a Series LLC. My question would be in which state would it be best to open it and why. Even just a finger point in the right direction will help. Thank you!
Hello all!So I am in the process of buying a multi family. This is my first one and I'm excited to pull the trigger finally. The question I have and I have gotten a couple different answers, is when you finance a prop...
Looking for input & feedback from the BP community:I have a large piece of property in Clifton, NJ and I am thinking about developing the back part of the property into an apartment building (possibly use 50 x 150...
So I've found and negotiated a great price on my first prospective wholesale deal. I'm very excited and super nervous to move into the closing process. I printed out a purchase contract and an assignment contract from...
Could this blow up in my face? I bought an SFR that I haven’t renovated yet. I own it free and clear. I have $100k in it. It needs a full renovation of $$40-60k depending on how extensive the rehab is. My capital is t...
A friend and I plan to partner on buying rental properties. We'll contribute equal amounts of capital up front, share roughly in the workload, and share profits. We will write a proper agreement spelling out all expec...
Hello to all fellow investors My wife and I are closing in 7 days on our 2nd property and renting out our current primary.We’ve posted our home for rent on Zillow and received a handful of applications. We plan on hav...
I am about to buy a property (or 2) in PA for rental purposes. I have a NY LLC which I created for a NY deal that didn’t happen. Is there any reason I should or should not use this current NY LLC for purchasing my PA ...
Thus far, we've been investors purchasing our own properties but we have an opportunity in that a family member is open to selling their 30-unit apartment building. It's our largest deal yet and to be able to pay in w...