Shankar M.
Request guidance reg LLC or something else
Myself and my friend want to buy one investment property. Accountant advised us to form LLC so as to reduce the liability and protect our existing assets against any unforeseen events. When we were about to create the...
Mike Smith
Rental Property For Sale (buy proposal input needed)
Hi,I have three rental properties and my home. Pretty much fell into being a landlord (bought a house to live in, friend was selling his FSBO it was nicer I bought that and moved in, repeat a couple more times). Giv...
Lee Daneshavske
As a first time home buyer, how can I buy in CA?
About me:- My first post on BP - (woo!)- Graduated college 4 years ago - (27 y/o)- Currently renting in San Francisco - (hate the idea of renting!)- Interested in buying my first place as an investment property Hi BP,...
Sergio B.
NOO Cash out Refi in the times of Pandemia
I been looking for a bank for the last weeks for a cash out refi to complete a BRRRR transaction. Seems the big players are gone because of the current situation ( Wells Fargo, TD Bank..etc). My Ranking:3rd place: Fed...
Roshunda Jones
New Member-Military living in England want to invest in a house
Hello everyone,
I’m a new BP listener and member. My husband and I are both in the military and we are living overseas. We are looking into buying an investment property in the states, but don’t know how to get sta...
Account Closed
Legal Set Up (Entities, Bank Accounts, Leases, Title, etc)
My set up has gotten a little out of control. Here is what I have:3 rental properties all with my personal name on title3 mortgages in my personal name (banks wouldn't lend to my LLC)3 Bank accounts (in my LLC's name)...
Frank Lin
Using LLC to apply for property loan will cost more?
Hi BP families,I am a newbie real estate investor. I saw a lot of great posts here and have learned a lot. However, I have a question about using LLC to apply for the loan to purchase the investment property. I have a...
William Arrington
2nd opportunity came up while first is under contract
We are under contract for our first AIRBNB and a second opportunity came up. I called our lender to ask if it was possible and he said he did not know because he had to go through 5 underwriters to find one for our f...
Grayson Warren
SFR: Mortgage or Commercial Loan?
My wife and I are planning to (hopefully) close on a property next month in the OKC area. We have 20K set aside for a down payment. We have spoken with a lender who has tried to educate us on the pros/cons of both acq...
Nicholas Field
Have fidelity IRA, want to change to a self directed. need advice
Hi, I currently have a fidelity IRA (2 different ones actually) and I'm looking to buy an investment property and would like to use my IRA money. I understand I can move my money into a self directed IRA and use those...