ATTENTION WACO INVESTORSWaco City Council just approved a new ordinance that will keep future rentals out of residentially zoned neighborhoods. This ordinance will go into effect in June 15th with the intent of openin...
I have an opportunity to purchase a Single Family Residence which aligns with some solid investment return. I can purchase myself directly securing financing via my local bank; however, I'd rather purchase inside a S...
Situation:My brother owns a rental and I own a rental in our personal names prior to us looking to invest as partners.We purchased our first house together (house 3) in an LLC with both our names attached to the LLC a...
Hey all,I have 2 Single family homes in Detroit which I BRR and now need to refinance to repeat. Having a hard time finding a lender which can refinance the homes individually since they each would be $80K (70%-75% LT...
Hi BPI am currently seeking a multi-family using an FHA Loan. I will reside in one of the units and rent all other units. My questions is...how long do I need to reside in the property in order to meet the FHA require...
I have a portfolio of 4 SFR, 3 in Metro Atlanta Georgia area, 1 in Quad Cities Iowa area. I'm thinking about selling them all.Why am I selling?
- I recently got into STRs, and I like that business better. Plan to 103...
I recently sold my first fix and flip and am looking to do a mixture of the BRRRR method and house hacking with my next deal. In my first deal, I used a mixture of personal loans and my own money to finance purchasing...
A question on this section for FHA loans:If two or more parties have an ownership interest in the property, but only one of the parties is applying for the loan (and credit qualifies for the loan on his/her own), it ...
Question:Should you form a LLC with 2 multi-plexes? Say if you have 2 4 unit apartment buildings 1 A Avenue and 2 A Avenue. Should you form 1 LLC or 2 LLC's? Advice? Suggestions? What is the idea behind an LLC? Thanks...
COVID-19 continues to hit the U.S. hard. There has been a lot of discussion as to what kind of impact, if any, the latest stimulus bill will have on tenants who are struggling to pay rent month-to-month.
We belie...