Ritch Shepherd
LLC questions
If I transfer my rentals to my LLC, do I need to change the ownership name listed for the Insurance, rent payments, and what do I do if the bank ask for the note to be paid?
Brady Hanna
Fireplace Question
So I have a question for all of you seasoned landlords. My wife and I have differing opinions on this, so we decided that BP will be our answer.
On one of our rental properties, the tenants asked us if they could us...
Chase Rawlins
DTI question
Hi Everyone,I was recently reading an article on BP that said they had 15 properties using the BRRR strategy.My question is how are you getting around DTI requirements when refinancing to obtain more properties?I have...
Jeff L.
LLC Questions
1. If I'm registering an LLC outside of my home state, are registered agents basically mail forwarding services?2. For my LLC, is it important to get a mailbox separate from my personal mail, as to avoid the "alter eg...
Roger D. Medrano Jr
Multifamily question
Hey guys from Houston!!! Im new to BP and im not 100% sure if i put this in the right thread, if not i apologize in advance. With that being said, i am a TOTALLY new investor and have been very eager to getting my bal...
Shunda Walker
Wholesaling Question...
I have a house under contract...here is the schematics:
ARV: $99-122k
(source of ARV: www.trulia.com)
Repairs estimate: $15-20K
(needs new roof, new sheetrock for certain parts of the ceiling...trash-out throughou...
Benjamin Spaulding
Loan questions
I am brand new to this whole thing so please, hold the palm in face for a second, haha. I have contacted a few banks about financing my first home and all of them have told me my only option is a 15 year with 25% or m...
Vicki Gleitz
tax question
we own a brake and alignment shop. paying double on social security, as you all know, is rough. we have also been renting out our house in Bennett. we had a little plumbing problem that caused some damage last year....
Chris Pesola
HUD Question
My offer was excepted on a HUD purchase a few days ago. I had the inspection done yesterday which revealed a new roof had to be put on.. With the snow cover and freeze we just had I couldn't tell how many layers it ha...
Matt H
Appraisal Question....
I just lucked out and bought a home for $640k. There's a few comparables just doors down which are:
A smaller home for sale at $870k
A house that's the same size that just sold for 1.3m
Another home the same size tha...