My cousin and I are looking at our first property, he's 21 and I'm 23 so we're new to this thing, we want to start with a multi-family. We were looking anywhere from 4-8 units to start. We were thinking about a 4 unit...
I have successfully flipped a number of properties. My typical property has been under 2000 sq ft in a good neighborhood with good schools. I have an opportunity outside my past experience. The home is nearly 50...
I'll be doing 2 owner finance, single family, home sales this year (in my own name). But any future owner finance deals will be in my LLC. Should I be worried about getting tagged a dealer? I'm in Texas and so are ...
Hi all, any thought on the pros and cons of longer term leases on rentals (36,48,60 mos.)? What should I be considering? Thanks all.
Ok. Everything was great...the numbers cash flowed, it's in great location, probably a "B" property, the financing came through, etc. On to home insurance quotes.. Apparently, since I'm only occupying 1/4th of the 4...
Hi everyone. I am wondering if one were to decide to start private money lending, what entity would be the most tax-advantaged? Or put it more simply, if there are any private lenders out there, what entity do you u...
Greetings BP'ers! A recent job transfer triggered my first purchase in the MD suburbs! I'm buying a two-unit property in Laurel, Prince George's County, living in one unit and renting the other. Are there any disad...
I just graduated and moved to Spartanburg South Carolina from Jersey. Is it possible to still buy a property, qualify for an FHA if I have student loans and a credit history under 2 years? I have a great credit score ...
Hi everyone! New to posting, however, I have been reading this forum for sometime.I have a full time job ( W2 type job). I also have an LLC (with a partner) providing a service, which has generated profits. I reinvest...
My name is Dan and I've recently moved to Oneonta, NY. I'm currently a Sales Manager in a neighboring town to Oneonta. That being said, I'm going through the process of buying my first home and found a lot of enjoymen...