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Hi everyone.I got a property with hard money, rehabbed, and then refi'd out using Quicken Loans. In the mist of trying to get out as quickly as possible before our hard money payments hit (they gave us 3 mo. period to...
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I just finished watching the webinar, "How to Buy Your First Duplex, Triplex, and Fourplex!" in which Brandon comments that collecting the rent in cash was "stupid." Can anyone enlighten me on why collecting the rent ...
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Hi BP community!After hitting a very solid stretch of on time payments across my portfolio over the last 3 years, I’ve run into an issue with one of my LTRs where I have a tenant who now pays late every month. I’m no...
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We are new investors and are looking to set things up the right way. Our plan is the buy one or two properties a year. After talking to our accountant he recommended that each property by under its own LLC to protec...
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Hey all, and thank you for your interest in my endeavor. I am posting today to request any feed bad on a deal that I am contemplating. This would be my first deal and want to cover all the bases to ensure I am not bei...
Hello BP, i re-read Rich Dad Poor Dad and just notice in the final chapter "Epilogue" he used a non-qualifying loan. But what i'm confuse is just what is loan is? It is Partially Seller Financing? Subject To? Or somet...
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Greetings All,First I must say how excited I am at finally being able to make my first diary post after so much planning, prepping, research, lamenting... You get the idea. Just to give some background, I've been lurk...
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I'm a real estate agent who has a seller offering financing on a single unit. We also have a buyer who wants to buy with seller financing. This is an area that neither I nor the seller have experience with. Because of...
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I am trying to decide whether or not I should keep a single family home or sell it and am looking for advice. Here is the background story.I bought this house as my first home borrowing the down payment from my parent...
I have just established an LLC for my SDIRA. The purpose is to use this LLC to buy and hold a SFR rental. I intend to manage the property myself. Are there any restrictions against using a credit or debit card with th...