Hello all. I'm buying my first property via FHA owner-occupant. A two-family house; seller agreed to evict a section 8 tenant as terms of the deal (I'll be living in that unit woke renting out the other).Although my f...
How do you purchase a property in an LLC if banks aren't very willing to do that? Does it just have to be an established LLC, showing consistent income for "x" years?Do most investors take the risk of purchasing in t...
I just opened escrow at 11:45 am on a Vegas property I am selling. I got my title commitment today at 3:36 pm today.. Just under 4 hours for a pre lim / or title commitment to you east coast folks. that i believe i...
Hi all,
I've been investing in real estate for 10 years, mostly BRRRR in Midwest and Georgia, STR in TN/NC, and recently bought an industrial warehouse in GA. I got it by accident and not really sure what I'm doing n...
Howdy!Does anyone have any experience with a renovation loan? My contractor completed the work, but the bank is stalling the final payment. They want to see a certificate of occupancy, which I am told only applies for...
Hello BP members, I have a question regarding foreclosure sales and Quit Deed Claim. I found a bank owned property that went on sale at Auction.com. When I went there to check out the property, I found a sign saying t...
Anyone have experience setting up anonymity with a Delaware/Wyoming Llc? I understand the concept, but not sure on how to officially set up the structure. Is it as simple as filing a manager managed in Delaware?
How are you currently doing it?
My wife and I formed an LLC with the initial idea of buying rental properties through our LLC for the extra protection on top of umbrella insurance. After talking to bankers all over ...
We are deciding between several loan options in the ~75% LTV range.Non-recourse options are ~1% APR higher than full recourse.We are also leaning towards fully amortized 30 year options, as opposed to their 5 and 10 y...
Just curious, for those of you who have multiple rentals, what rough percentage of your tenants are late with the rent? It doesn't have to be one particular individual, just curious about overall, what could I ballpa...