Will Bazile
Multiple Owner LLCs and Non-profits
Hello everyone,
I'm reaching out to gather some insights and advice regarding a housing initiative my aunt and I are considering for migrants from third-world countries who are being relocated to the western part o...
Paul Guth
New investor doing out-of-state properties
Hi there, my wife and I live in California and are currently under contract on our first rental property, a duplex in Bismarck, North Dakota. I've spent the last couple months reading tons about REI (including Brandon...
AJ Satcher
Single HVAC System In a home with 2 units. Smells go right through duct-work!
I am currently house hacking with an upper/lower setup - I occupy the upper. The lower unit is a basement/guest suite. As I approach my move out strategy where I will be converting my upper unit into a STR, I often th...
Andrew W.
Prepayment Penalties - How to Avoid - Views?
I have 8 separate 5 yr fixed rate mortgages (and P.notes) that the same bank (in Wisconsin) has made to two of my LLC's and secured each loan on a separate property. I personally g/tee these loans.
Rates have moved ...
Daniel Lambert
Loan Qualification on second mortgage
Hello all,
My wife and I were so close to buying our first duplex to begin our portfolio. However, we backed out of said deal because we found out we would only qualify for a certain amount of money on a second loan...
Account Closed
Any recommendations for Private Lender in Rhode Island?
Hey BP! Any private money lender you would recommend that services RI? TIA : )
Aaron Shutt
Shift in real estate strategy - what would you do?
Hello everyone. I've read these forums for years, but first time posting. As I mentioned in the title, I'm working on a shift in investing strategy and curious what you would do.First, some background. I'm 32 years ol...
Henry Lazerow
WARNING! Do not get your heloc through Bank of America
I started the process over 3 months ago. They quoted me at 85 LTV, I then confirmed a month letter once assigned an agent told her my building was 4 units and she quoted 85 LTV and about 1.25 over prime. Then another ...
Jason Roberts
Increased value by converting a property to a legal duplex
Hello all, My wife and I are in the process of deciding whether of not to convert our property to a legal duplex and how much value that may add to the property at resale. The current property is zoned commercial and ...
Sean Link
Extend Driveway for house hack
Still looking for my first house hack. One variable that has been problematic when searching for properties is the amount of parking available. Has anyone ran into this issue? Did anyone decide to increase the size of...