I'm about a week away from closing on a duplex which needs about $15K worth of rehab. I'm looking into SoFi's Personal Loans to help fund the rehab. I live in CA, and this duplex is a rental (i.e, for investment purpo...
Hi everyone, I own a few small multi-family properties (8 units total) and I have heard that it is good to transfer rental properties over to an LLC ownership. I wanted to ask what would be the benefit of doing this?...
Can someone explain the BRRRR method to me?
Hello everyone! Newbie to real estate investing and I'd really appreciate any advice/suggestions! I've been running my rental business for 2+ yrs. Now I'm looking to set up my first real estate investment by pooling ~...
I moved out of my previous house and am now using it as a rental. My plan at the time was to quickly pay off the house since it was my primary residence, so I opted for a 15 year mortgage. There is currently a little ...
Newbie looking to invest from abroadI discovered the BP gold mine a few weeks ago and have been mostly reading, it is time to start participating in the conversation!The posts I found on investing from abroad as a for...
BP!I just purchased a duplex in my LLC for $52k and it appraises for $84k my current interest rate is 8%. A couple of lenders I've connected to are saying the only way I can get refinancing is to remove the property...
Hi everyone - My wife and I are considering doing 1031 exchanges on up to three of our properties over the next 12 months. The general idea is that we would BRRRR the replacement property (ies) and use the proceeds fr...
I have a project I am putting together for a 24 unit apartment complex. What is the best way to approach and structure a deal for private money lenders for financing the project? I have not used private money before a...
The mortgage on my personal residence was just sold by GMAC to Ocwen. I'm pretty nervous because there's tons of horror stories on the web about Ocwen (saying the payment wasn't sent in when it was, and many other mis...