David I.
15% down on multi 4 plex properties
Hi all, I have several sfr rentals and want to move up to 4 plexes. I’ve been doing 30 year mortgages on my rentals. Question is - do any lenders only require 15% down. I know the risks but the properties I am looki...
Mike Reynolds
LLC questions for a series LLC
I'm not sure if this is the right place to put this question but here goes. I am about to open a series LLC in Texas. If I have LLC's in other states, can I merge them into the Texas series LLC? If not that won't real...
Zack R.
$100k to invest- one or multiple homes
$100k to invest. Purchase one rental for $100k, no mortgage. Use the $100k as several down payments on several homes. Two different paths and I’m sure there are plenty of pros and cons here. But I can’t think of them....
Sean Dezoysa
Why Do Transactional Lenders Charge High Fees?
I notice that transactional lenders seem to charge about $3,000 to provide very short-term funding to do a double close. Since transactional lenders typically require an end buyer to be in place, it seems to me that ...
Dan Grove
LLC and accounting starting out questions
I have been reading a lot about LLCs and am having a lawyer set one up for me as we speak but there are gaps in my knowledge of the steps to take next. I am investing out of state in pennsylvania. I think this is th...
Patrick Reagan
Oil tank contaminated soil/clean up costs
Just got a call from a seller in New Jersey, who had a below ground oil tank removed but the soil is contaminated.What would be a rough estimate to clean up the contamination?
Ahmed Nijim
Hard money Builder's Risk Insurance
Hello everyone it's my first time doing a hard money loan on a flip im doint it in new Jersey state and my hard money lender asked me to get a Builder's Risk Insurance or Vacant Dwelling Under Construction InsuranceAn...
Thomas Donnellan
MHP and Self-storage Syndication
Hello All,I would like to thank the community for all of the research/help I have received in the past few years. This site is an absolute resource for a newbie like me. After MUCH research and deliberation, I just in...
Joe Salmond
Army Introduction
Hello everyone!
I've been lurking around for a good while and finally decided to write up an introduction and make an attempt to be more involved.
I'm in the Army and probably will be for a good while, so that's a big...
Albert Han
First timer doing a spec build
My best friend/business partner was gifted a property in La Habra Heights CA that his dad purchased back in 2018 for $540k. His dad demo'd and grated the property and spent the last two years going back and forth with...