Michael Mackney
Preapproval with a per diem income?
Hey BP community. I am a dentist (first year in the real world) and am on a production-based salary. I went to get preapproved by a lender for my first investment property and she stated that I need at least one year ...
William Bentley
New investor: LLC and Lawyer Question
I've purchased my first investment home, which is currently under my name. I would like to transfer it into a LLC, which I've been recommended to do by several. What's the process? I also hear advice on keeping a lawy...
Joshua Miller
Why I See Opportunity in STL
Hi all. This is my first post on the forums, as I'm usually more of a lurker. I've come up with several reasons why the real estate investing market in Saint Louis seems optimal. This could be for buy and hold investo...
Richard Warren
July 4th, 2009: National protest to register independent
On July 4th it's time to re-declare your independence. There will be an organized demonstration in Washington D.C. The people who brought you the April 15th Tea Parties have teamed with http://www.freeandequal.org/ ...
Quintin F.
Carrying real estate debt
We are about to begin the process of purchasing our first home and I was hoping for some insight into the pros and cons of getting a 15 yr fixed mortgage with the following scenarios: 1) minimum down payment, and make...
Hans Baum
Subject To -- VA Loan Question
I'm in the process of purchasing a home for personal use and have come across a dream house. The home is priced at $430,000, with an existing mortgage of $350,000 at a 3% interest rate. I'm considering assuming this m...
Amy E Good
Quit Claiming Properties into an LLC in Florida
We purchased 3 properties outside of Tampa last year and are just getting around to Quit Claiming into our LLC's. I usually have the title companies do it for free at purchase where we currently invest. When I started...
Brian Lipszyc
Purchasing a Portfolio of homes?
I've come across a possible deal to purchase a few rentals, currently being "packaged" as a single portfolio. Together, the numbers play out very good, but I'm not sure if purchasing it as a complete portfolio is the...
Jordan Alequin
SFR House Hack Insurance
Wife and I are purchasing a single family home (primary residence) with an ADU in Florida. We'll be insuring the home with Citizens through Farmers since we have other policies with them. How can we protect ourselves ...
Marion Lee
I'm looking to do my first BRRR Deal
I'm looking to do my first BRRR deal in the Hampton Roads area (city of Hampton). I've been pre-qualified with a traditional lender and have been submitting offers through my agent but getting beat out by cash offers....