Hi BPs. I hope you will forgive me if I'm in the wrong forum but this is only my second post. I have mortgages on 4 properties, all of which are in my name. I've had these properties for 6-8 years. But I want to e...
Hey Everyone,
So i was doing a flip which i purchased with a hard money loan under my LLC like i do 99% of the time. After renovating the property, i decided to keep it to myself and live in it.. Currently, im tryin...
I have a personal mortgage for my rental but it’s owned by LLC so rents goes to business account. How do I pay personal mortgage using those rents? I read the below approach online and wanted to see if this is correct...
Hey BP!
I found an off market single family home in my neighborhood. I've spoken to the owner and know her asking price ($75K). It needs a lot of rehab. Probably around $40K. ARV should be around $160K. This home w...
Is it a good idea to try to get a few properties at one time if you have average credit (620-700). I was told to aquire a few within a 60 day period because they would not hit my credit report for that amount of time....
I have a question for you guys, hopefully i can get some good feedback. My wife and I have our first buy and hold that is cash flowing very well and we believe we have around 30-40k in equity. We have owned the home ...
Acquired my 1st Investment Prop. It needs some work & I’m trying to choose the best financing strategy. Hard money? Small Business loan? It is held by my LLC so I’ve been told that a HELOC is not an option as i...
I need some help thinking this through and making the best long term decision. I have 2 commercial mortgages that are on 5 year ARM loans with 15 year terms and 3 personal mortgages with 20 year fixed rates. I am a bu...
I'm having trouble understanding how the follow works, or is done. You buy a property with a personal mortgage, and you are there for a couple years. And then you want to keep the property as a rental, and move into a...
Hello everyone. My partners and I have recently started a new company to invest in real estate. At the moment we are looking to buy a multi-family property/apartment building; here is the issue. Being that our company...