Hello, BP community,
I am interested in learning about owner finance underwriting. Currently, I'm evaluating a property where the owner initiated a loan two years ago. My question is: How much equity should an owner ...
I’m just starting out and wondering if I can put the property I’m interested in buying into an LLC. Its a multifamily apartment with 3 doors, and I would have to take out a mortgage after putting down 20%. The reason ...
Has anyone ever dealt with a title company refusing to release the funds on an agreed upon lease back. So both seller & buyer agreed on a (residential temporary lease agreement) so that the seller will have time t...
Hello,I have several SFRs that have lots of equity in them and I wondering if anyone used a method of cross-collateralization to pledge the equity as collateral, thus avoiding doing a cash-out refinance or HELOC. It s...
Navigating the Surge in Rental Application Fraud: A Guide for Landlords and Property Managers
In recent years, the rental market has experienced a troubling rise in application fraud. This phenomenon not only poses s...
Here's a 529 plan question for the tax gurus...
I setup a 529 college savings plan for my youngest years ago. She now is in college and earned a full scholarship, so she doesn't need the 529 plan funds for her underg...
If I wanted to start out buying cheaper properties around $50-$60k and putting them on section 8, will buying them through an LLC keep my DTI ratio from being affected? Will this have an impact when I want to go and b...
I have a property with a main house and a guest house/studio that is attached with a separate entrance. The house is my primary residence. I was told that I needed to have a minimum of a $1M umbrella policy for the u...
BP has a hole (missing info) for property management. I've seen several posts asking for a sample Property Management Agreement. Before you recommend calling a RE attorney or warning that laws vary from state-to-state...
I understand the basic protections afforded by the LLC, using a separate LLC for each property in theory provides the best legal protection against other assets. However, having separate LLC for each property seems li...