Andrew Whicker
Buy and Hold / Duplex / Purchase under FHA, move out in a year
Hi,Hoping to solidify this deal:Overall:Duplex2000 sq ft total3 bed / 1 bath eachContract Price: $110,000Monthly Costs:Mortgage Type: FHAPITI: $810 (4.25%)Repairs: 0.15*$1350 = $202.50Trash / Water: $155Income:Rent: ...
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Securities Lawyer for raising money to fix n flip
I am a fix n fliper looking for a securities lawyer. I am guessing I will need one if I am having private people lend on my projects? My understanding is that when raising money for a large multi-family project a sy...
David Zheng
I want to do taxes the HARDEST way possible. (with questions)
So in my first year of investing, I've bought 8 properties from condos to sfh, to multifamilies. All are rentals. 7 are in my personal name and the eighth property is under my solely owned LLCI am literally leading my...
Steve DellaPelle
City Inspector Just Created A Million Things to Do
I had my city inspection today to receive a rental permit and it did NOT go as planned. I spent the last month doing renovations and I got my unit looking GREAT (at least what I thought)...City inspector comes in to c...
Andi Morgan
Moving rentals into LLCs w/ girlfriend but single-member LLCs are all we hear about?
My partner and I are unmarried, own some rental properties together, and want to set up asset protection. Deeds are currently in our personal names and we do not file taxes together since we are unmarried. We have sev...
Siedda Herbert
BRRR Method - Refinance
Hello BP Members, I have a question about the refi part of the "BRRR Method." I am having trouble understanding if I should do a residential or commercial refi. I am buying the property under an LLC. I spoke with a br...
Derek O.
Agent refusing to accept offer
Good Afternoon,I am just starting out in the RE investment arena and have already hit a snag. I found a property that fits within my criteria and I attempted to put in my first offer on an investment property. The r...
Alci Martinez
Construction of new SFR, Lehigh Acres FL
Investment Info:
Single-family residence fix & flip investment in Lehigh Acres.
Cash invested: $265,000
Closed! Lot & Land in Lehigh Acres, FL. Size 0.285 acres, convenient location on a corner l...
Nat C.
Am I being screwed over by listing agent?
I viewed a property for 87K which is a homepath property and has been on the market for over 2 months. I called the listing agent to say I wanted to make an offer of 80K. He said if I could close by end of July he tho...
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Understanding A Mortgage Appraisal
Understanding a Mortgage Appraisal - Part 1
The first thing to understand is appraisals are not all the same or equal. In fact, each appraisal is unique to the needs of the specific client.
Mortgage Appraisals are...