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Short question: Is it possible to refinance a property purchased under 1 LLC, but JV’d with a partnered LLC (not on deed) into a long term mortgage? Purchase a property on hard money with intent to flip. Partnered wi...
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Hello friends, 3+ years ago I purchased a piece of commercial property that I converted into 3 residential units with the intention of holding long term. Now things have changed and I have the opportunity to turn the ...
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I was looking at a deal recently that was for multiple properties at once and one would have included something that turns into a flip.The property was also in a fantastic area for Air BnB so the plan was to actually ...
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Needing some support here, about to close on our second property and our lender is requiring a Letter of Intent to Occupy. As we intent to use the new home as our primary residence, but also plan house hack and rent b...
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My husband and I are very familiar with investment properties- we own several rentals, but are looking to start flipping this year and hopefully make a career out of it. I’m trying to become more knowledgeable on Capi...
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I'm really interested in doing some subject to deals. And I've been seeing a lot of strategies for buying and refinancing after a year or two, but what are some examples of getting a property subject to, and renting i...
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Closed on my second and our partnerships first investment in Dayton KY. It is a 2 bed 1 bath 800SF house. PP-42,000Rehab budget - 10,000Projected ARV we had was about 80kPotential rents - 1,000/moWe got our pre-apprai...
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Folks,I need help with the following. I made a move and gave 50k deposit on a new construction condo in 2019. It was built last year and I became owner in October. Technically speaking I invested only 50k there,and it...
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BP community, I could use your guidance. We are selling one of our 2 rentals to free up cash to reinvest. We thought about a refi but decided to price it high as the market seems to be peaking and to test the water. W...
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Hello,
I bought a house with the intention to flip. There are tenants living in it. The house wasn't properly maintained.
The seller did not furnish a contract which was already expired.
I intend to flip the hous...