Asking for a friend:"I'm getting a couple of contracts on Hotels. High cap and high cash flowing properties. Looking for the best possible LTV. Lenders who can close quickly. I want to build a long-term relationship.T...
Hey guys!I have some questions about a partnership when completing a BRRRR. This is a general breakdown of how the deal could workBuy- I will find the deal, and we will both put money into the acquisition, my partner ...
It's often stated that junior liens are extinguished or wiped out when a home is foreclosed upon. But what is the actual process for this? Does the trustee handle this? Or is it the County? Or who?
Hi BP Folks,Considering high properties tax rate and operation cost for rental properties in SC, what can you do to maximize your portfolio ROI in this area? I have a couple of rental properties in SC but the taxes fo...
I am looking at a property with a group of friends that invest. I wanted to invest money into this from my SDIRA.We are set up as an LLC and I am one of the members ( I can change that as we did not purchase it yet). ...
The above image is to get a clearer picture on finances on the below scenario.
Plan:
-Purchase 3/2/1 car garage townhome. Adhere to strict screening to provide great housing for two suitable tenants and myself....
Good evening, What issues, or problems would I have if I was to finish a basement of a house (close off and update the existing mother in law apartment) and turn it into a second unit in a SFR for rent either long ter...
I am starting to flip homes in detroit, mi in some up and coming areas. Buying 3000-4000 sqft homes for 150ish and doing 130,000 or renovations.The properties are in such bad shape no one will insure me so my hard mon...
Dear fellow investors,Where do you find the contractors? I did some google search and reach out to some. Some of them do not do multi-level facilities and some only do large facilities. I have heard the steel material...
Hey BP ! I’m hoping to get some advice from BP members, especially BP members who operate in NY.The girlfriend of a tenant in one of my units has effectively moved in and has a copy of the key that I did not authorize...