Hi, I do have 2 rental units doing well in dif. states (I am from Florida) and I am looking to buy a Single Family Home for LTR in the Greenville Area of SC. I know these are not the best times for getting good financ...
Hello all,
In the middle of acquiring my first rental duplex in Ohio as an OOS investor. I have two major questions.
Should I open an LLC for it?Should I open a new checking and savings for it? (mostly what ive read...
Hello BP community,I purchased my primary residence in 2022, which I'm house hacking. I'm looking to purchase additional 'buy and hold' investment properties this year. Does anyone have experience with using a credi...
Okay, I admit, I am one for checklists and getting everything done, then moving to the next step. I am at the beginning of a 'buy-and-hold' strategy. Just want to make sure I get my affairs in order, so I wanna run th...
This is my financial situation:30k incomeRental property (I own):4k monthly rent1.5k/mo PITIWant to buy:350k-400k property4k monthly rentI've used online calculators (for what they're worth) and they say I qualify. Al...
Hey all, I own a bunch of my own properties, but I do manage properties for other owners as well. I think BP and a lot of the internet is full of pre-buying Real Estate analysis. As in, there are a bunch of calcula...
Hey everyone, I attended some classes that turned out to be scams and watched every video online. It still seems confusing.Where do I get an purchase agreement, how do I transfer into the investors name, do I put down...
Since starting in real estate about 10 years ago, I've only moved my operations account twice (started at Chase, moved to WF, then later to a local bank where I've been a long time). Since I do everything online, sin...
Does anyone out there have any unique ideas for negotiating the best rate around on a conventional mortgage? I'm looking to make my first purchase and leverage my excellent credit to get a low rate. Any tips?
~Bruno
Ok, who can help me out here. I'm looking at a potential rehab, and likely need $170-$200k for purchase+rehab+holding costs. Are there any legal issues with pooling money from multiple sources like family and friends?...