Julian Inoue
Conventional Loan for an Investment Property - Lender Fees
Hi BP,I have a lender question I hope you can help me with. What should I expect to pay in loan fees when acquiring a loan for an investment property? I have great credit, zero debt and this will be my first conventio...
Nicole Harrington
Looking at my first deal
Is this a deal or not?
I am looking for a longer-term rental The property needs a little TLC could be rented out right away or do some small TLS and get the higher calculated rent.
PP $310k GAR $25400 Total e...
Kirby Baxter
Portfolio Loans for low cost rentals
Hey All,
I am seeking advice on Private Lenders that fund portfolio loans. I have spoken to my broker and the loan amount for several of the houses is lower than they fund. I am looking in an area that has started to...
Nikolas Engel
Neighbor requests modification to existing easement for electric upgrades
Dear all,A neighboring mixed-use development is requesting to modify an existing easement we have with the electric supplier in our area. The aim is to enable the electric supplier to make modifications to the electri...
Shae Langley
When to get an LLC?! Or No LLC?
Is there a general rule of thumb on when to create an LLC?I'm in California and know LLC's are expensive. But is there a cut off when you reach $xxx amount of income from your investment properties is when you should...
John Wang
Rental Dwelling policy with flooding or Sewer Drain backup
I own a rental duplex in Michigan and my current Rental Dwelling insurance agent is State Farm. Considering the big rain and flood we had in Michigan 2014, I am considering to add flooding or Sewer Drain backup to pol...
Christopher Lombardi
Syndication - Becoming a Partner
Ive been asked to become part of a GP in a syndication by providing my balance sheet in order to get the acquisition loan. Does anyone know what a fair piece of the equity would be for providing your balance sheet to...
Roderick Mills Jr.
Turnkey Investing In Cincinnati Area
Hi everybody!One of the strategies I was looking at doing for my first property was a turnkey property. Do you guys have any knowledge on if it's a good strategy for the Cincinnati area and if it is, who are some peop...
Joanne Kim
Recommendation for property management in Indianapolis, IN
Hi,
I want to buy my first rental property in Indianapolis, IN. I am looking for a good property management company who can help me find good properties, tenants, and contractors. Pls help me find good companies in t...
Xing Lin
Help me to analysis this deal
I’m looking to buy a property in Brooklyn, NY. It’s a 4-family house ask for 1.7 million. Current monthly rent income around $7000. Property tax $12000, insurance &3500. 45% in Down payment , with mortgage payment...