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I am wondering if this can be a solution for investors with more than 10 investment properties.They claim that "The property’s cash flow may be utilized for investment properties in lieu of conventional methods". I am...
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We are trying to refinance our first BRRRR property our lenders advised us to keep the property under the LLC. Our attorney advised us to refinance into a consumer loan due to the fees being so high for a LLC. We wher...
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All:Has anybody had any luck negotiating down a pre-payment penalty? I currently have a seven figure note with a local bank and am currently required to pay a 3% pre-payment penalty if I refinance it with another bank...
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So I closed on my first rehab 3 days ago. YAY! But now someone has stolen my AC unit haha. We have insurance and our deductible is $1k. I heard Acs can cost $3k-$5k? is that accurate? I'm in Atlanta, GA.
Also, my p...
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Hi All,As I have been expanding my portfolio in different markets, I am have been evaluating different financing options (especially as I cycle through all my and my wife's personal mortgage slots as well as buying al...
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I'm considering getting a first rental. I'm considering getting an LLC mostly to protect current personal assets. Would you suggest to get the LLC or not and why? Is it possible to get a mortgage for the LLC?
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Hey BP Community,Question for the commercial multifamily investors out there. What type of insurance coverage are you using to protect your asset? What should I be looking for in a good insurance policy for a small co...
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Hello BPer's:Anyone else out there tired of the annual insurance premiums increasing year after year, even with no claims ever? My rates jumped 25% on all my properties in just 1 year all with no claims! I have Erie I...
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I'm looking for a REI with experience down in the South Florida markets, specifically Broward County. We're trying to break into that market but we're being PUMMELED by taxes and insurance quotes. If someone has any...
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I'm looking at entering the AirBNB side or real estate. I was told I need to get a good understanding of these subjects: 1) Taxes, 2) Legal issues in ABNB, 3) Negotiations, 4) Short Term Rentals & 5) Tenant/Renta...