Phoenix Ocionna
voluntarily paying more tax(!) for a cashout refi, cannot get guidance
Have the following : a primary res in NYC valued at 800k,2 investment 3 fams in New Haven, CT each valued at 150k cashflowing 15k each per year, and an investment condo in Baltimore, MD valued at 100k cashflowing 10...
Gabriel F.
Brain fart how do I expand without personal credit being affected
Hi everyone, I need advise on the best way to structure a company to obtain refinance loans and purchase new properties. My sister and I own a property management company which is an LLC with a tax classification of S...
Louis L.
Refinance Vs Sell multifamily rental
Upon completion of a multifamily building renovation - do you usually sell the entire building, or refinance it to get the equity and hold it for the residual cash flow?As far as a business plan, I am struggling with ...
Stephanie D.
Insurance for Self Owned LLC
Where does one obtain insurance for self-owned/managed LLC's for property management service? I contacted a few carriers but they will not extend coverage to management services controlling their owned properties. Th...
Erin P.
Purchasing and obtaining financing for a REO purchase - in which type of entity?
Hello BP community. I’m hoping someone can help me with a situation I’m facing.
I am purchasing a REO property as a fix and flip project. It is a joint venture with another investor and we are scheduled to cl...
KJ D'Costa
MFs in the Midwest (Kansas City, Indy)
The Midwest is great market for SFH rentals. However, my preference is for small, commercial MF for several reasons, but particularly for the commercial financing (pricier, but don't have to deal with DTIs and propert...
Jeff Stanton
Advice needed - live/work sale
Hi all, need some advice!
Having a hard time selling our live/work SFH. We are in a hot market (Abacoa, Jupiter FL) but it’s such a unique property that the buyer pool is smaller. It’s a single family home with 3 d...
Connor Heffler
LLC Location Question
As a new investor, is it best to create your LLC within your current state of residence or the state in which you are planning to invest the most? Any suggestions or guidance would be very appreciated.
Tyler Harrel
Loan Officer Question
Good afternoon all,I am looking to start a discussion with those that either have experience dealing with mortgages or is a loan officer and would be able to assist me on a couple questions I may have in regards to ob...
Danny Mak
Sued for Negligence
I saw discussions about tenants suing for negligence and the potential of an investor to lose everything.This may be the purpose for someone setting up an LLC, but for someone just getting started, it may not be reaso...