Marlon Brown
Business Credit for Real Estate investing, how to
So, you've formed a new LLC, gotten a new EIN number...now what? Can you now, at this point (even though you haven't yet sold anything in your business) apply for and receive substantial amounts business credit for t...
John King
Important Financial Statements
Hi Guys,
When seeking financing, whether it be from a bank or private lender, what types of financial statements should be presented to show the lender professionalism and that due-diligence has been thorough...
Aimee Haasteaby
Purchasing commercial property without good P&Ls
Hi all,My husband and I are interested in buying a resort for sale in TX but the owners won't share the financials because they didn't keep good records. The agent says it's not a cash-flowing property but has huge po...
James Brewster
Newbie from Denver, CO
Good day!I'm James Brewster and I'm just starting out. Current objectives are to learn, absorb knowledge, and network in the hopes of jumping into this and giving it a "go."My background in real estate? I've lived in ...
King Mmuwe
Important points to consider in a business plan for bank loan
Relevant and important points to focus in that'll win me a bank loan for commercial real estate.
Joshua Voigt
Rental Income to fund new investment purchase
Before now, all we have done is house hacking. Now that we have 2 rental units, I'm considering using the rental income from the 2 units as a down payment on a third investment property. Would this expenditure "down p...
Ronnie Phillips
Taking the next step
Hi my name is Ronnie Phillips, 26 years old working as a finance manager at a Chevrolet dealership here in Roseville CA. I bought my first home back in July of 2023. That was the first step to the rest of my life. For...
Joe P.
Property Management Cost Build-In?
Hi all,Just wondering how other investors see this information -- I am trying to purchase a property and have built in a 10% PM cost (of rent) per month. I would do this for any property.I am planning on managing this...
Nic DeAngelo
Checklist For Accountant
Hello BP community!I appreciate everyone who stops by to read this discussion and thank anyone who provides any input. I am currently searching for the best real estate accountant for my business. I am currently makin...
Lawrence L.
How Would you analyze a property with no financials
I was given a listing by a broker for a 5 unit building in a c+ b- neighborhood. Not far from the subway, you can walk to everything. The broker said they are asking 850-900,000. The taxes which I found on county web ...