Homa Teramu
Newbie looking for direction .. .
Background: I house hacked a property located in Silver Spring, MD. I purchased the property three years ago (04/2014) for $289,000 with FHA loan and PMI in it. In 02/2016 I refinanced the loan to 15 years at 3.12500%...
David Rutledge
Second home or investment mortgage... Please help
Good afternoon,I am looking at getting my first investment property out of state this summer. I do not own a property yet but the company I am getting my loan through said that I should use a second mortgage loan and ...
Jonathan Ghrist
Portfolio Lender Questions
I'm new to investing and am looking to make my first deal here within the next few months. I'm meeting with a portfolio lender this Friday and am looking for advice on what types of questions I should consider asking ...
Jonathan Johnson
Tub Refinish or Replace?
Hello BP,I got 4 tubs that look like these two:They are cast iron tubs and I have some money for repairs. I care more about saving money than time at my current stage. The bathroom sinks look similar and need replaced...
Jamil W.
Investment Property before I have my own home.
Hello All,I'm planning on joining the Real Estate Investment game(w/ a partner - my brother) in about 6 months but after we've done all of my needed research. I'm currently renting a room out of my friends house, and ...
Paul Lucenti
Transfer property into LLC but not mortgage
Hey everyone, first post here.
We currently own 3 properties in Philadelphia. However, the first 3 were bought in our personal name (Mortgage and Title) and we are looking to transfer the title to an LLC. My main qu...
Zack P.
Turnkey vs OOS Rehab
Hey Everyone!I'm definitely a noob on BP, but have been a landlord for about 5 years. I'm looking to expand my rental portfolio and wanted to get your thoughts. I've talked with several turnkey companies, but my con...
Todd Powell
Question: Can you take two different LLC names and do 1031?
Here are the specifics. I have ownership with my wife and older son and his wife, all 25% each as members in two different properties. One is a 5 plex, Powell Properties Milton St, LLC and another 8 plex, Powell Prope...
Twana Rasoul
Need a little creativity to close off market duplex in San Diego
Hello BP,I’m trying extremely hard to get creative enough to make a deal work for seller and their family here in San Diego (lead came from hand written cards FYI). My wife and I would really like to owner occupy one...
Sean Dawson
HELOC vs Cash Out Financing For First Time Investor
I am a first time investor looking to use the BRRRR method out of state. I have 100% equity in my home to the tune of about $450k. Should I do a HELOC to purchase my first investment property or should I look to take ...