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Hello BP Community. Merry Christmas. I have a situation. I am from Russia but I have been living in Boston, MA for 7 years and I will become a citizen of USA soon. I have parents in Russia who due to a health issue ne...
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I know that when you buy rental properties it's wise to keep each in its own separate LLC to limit liability and maximise asset protection etc.
However, let's say you have 30 rental properties, 30 different LLC's a...
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Hey guys,So here's another success story from me. Last September, my partner and me bought an 8-plex for 660k with 52k in annual gross revenue. Market value for the property was appraised at 905k and economic value (b...
Good evening everyone.
I am in the process of purchasing a multi-family property. I plan to move into the property with my wife. The bank that is financing us wants us to provide proof of residence after we close....
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I'm a new investor looking to acquire 2-4 flats in Chicago's northwest neighborhoods. I'm looking for value add properties in which I can adopt the BRRRR method and try to pull as much of my initial investment out of...
Random question regarding if this is a regular thing where a bank comes by with the landlord to take some general photos of apartments for annual reviews or something. He didn't snoop around it was hallway and living ...
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Hi there,I need some help analyzing this following deal in CO Springs. Your input is greatly appreciated.Multi apartment buildings, around 100 units total, 80+ 1BR/1Ba, 20 2Br/1ba, laundry, parking, pool, clubhouse, t...
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Would you recommend doing something like this?
Using SFH primary residence with a HELOC (ex. $425k) to purchase a 12-unit Apartment ($1.5M) with 25% down ($375k from the HELOC).
The remaining $50k from the HELOC cou...
IM LOOKING TO GET A HELOC ON A FOUR UNIT APARTMENTS BUILDING I JUST BOUGHT LAST YEAR DID ANY ONE KNWO ANY BANKS WHO CAN DO THAT IM LOOKING FOR A 80% LVT ANY IDEAS PLEASE
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I have two properties, 5 apartments in Covina Ca and 8 in upland Ca, that I have free and clear that I would like to pull money out and purchase additional apartments. looking for a few mortgage brokers to give me som...