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We are purchasing and rehabbing a short term rental, but need to decide whether to put in our names or in an LLC?Heres the scenario:Married - Husband owns 2 properties (1 long term and 1 short term) and wife owns 2 p...
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I'm curious how y'all determine ARV (After Repair Value) in your area. I'm looking at some foreclosure's and the hardest part seems to be what they would be worth after repairs. I have a great estimating software to...
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Hello BiggerPockets Community,
I'm kicking off the new year with an exciting venture: I've just established my own real estate investment LLC!
I'm currently exploring banking options that align well with this specif...
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I am curious about what the most ethical and time-tested method for transitioning to a house-hacking situation is when the property you acquire is already at full capacity.What is the best way to navigate the line bet...
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Hi all - my name is Jonathan and I purchased my first home earlier this year and have rented out the spare bedroom ever since I moved in.I work in commercial banking, mostly dealing with C&I and some CRE so over t...
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I am interested in purchasing some investment property in Fredericksburg, Texas. I have built a list of absentee owners that I mailed out to yesterday. Fredericksburg is a small German that hosts hundreds of thousan...
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Investment Info:
Townhouse buy & hold investment.
Purchase price: $225,000
Cash invested: $27,000
Currently own a townhome. Minor REHAB is required i.e windows, roof, door handles, flooring etc. ...
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Last year I received a nasty surprise when my Westland, Michigan mortgage jumped $143/month. This was due to the new property tax assessment. Unfortunately this happened just after I re-signed my current tenant for an...
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Hey BP Community.
I have a property currently under contract with 10 day inspection period. We are using an FHA 203K loan. Does anyone know if the ARV appraisal results are usually available within the inspection per...
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Morning everyone!My question is in regards to multiple purchases affecting each other in regards to lending. We're in escrow and closing on a condo in FL on October 8th. In the meantime, I'm also shopping for a SFH in...