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What type of insurance do you all recommend for short term real estate holding and construction. Liability, etc? Also how do you generally hold title? LLC?Our plan is to flip and only hold for 4-6 months.
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This "investment" property just went pending at 643,000 here in Oakland. It's a 2 unit each 1 bed 1 bath. Realistic rent on each unit is max $1800. $43200 gross - taxes of $9452 (actual tax for this house) insurance ...
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In seeking a DSCR cash-out loan, I've learned that lenders want to see bank statements. I had thought DSCR's were only property based, but lenders I've just begun to contact are saying I need to provide bank statement...
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Hi folks! This is my first post on BP (yay!) I appreciate all the advice on this platform and love being a part of this community.I just came back from Las Vegas where I was looking for my first investment property. I...
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i have been working with an agent that has been working on commercial RE only for the past 10 yrs. he is an older guy, around 76. we looked at a few properties together and when i told him what i was looking for "arou...
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There has got to be a wealth of information on BP about this subject but I can't find it! I am interested in the BRRRR strategy and also out of state investing using conventional mortgages but want to get the best ter...
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Hey there BP! Hope all has been well! I believe I'd like to start practicing on analyzing deals just so I can really get used to that part of things. How do you guys suggest I go about that? Do I just pick a listing s...
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Hi,
When should I expect an incoming tenant to pay their deposit? They signed the leased agreement over a week ago and their moving date is in 10 days. I have other prospects that I keep telling the property is alre...
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Hi everyone, New to RE investing and I need all the advise for how, what, when and where of financing. Mortgage broker vs Lender. What to look for, what to ask? How to choose them? Do I pick only one or pick more ...
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I am in the process of putting together a 4 plex project in which my company will be building. The goal is to have between 25-30% equity in the project when all said and done. I then plan on adding this property to my...