J.M. M.
Home Equity Line of Credit (HELOC) issues...
Okay first the good news. PenFed is really amazing when it comes to HELOCs for a Rental Property. 80% LTV. Very fast response. I applied Friday and heard Monday I was approved, "when do you want the appraisal?". Appra...
Ryan Parks
LLC
Just need a little advice on how I should go about setting up my LLC in Ohio. Laywer, online or any other options. Thanks guys!!
John S.
Opportunity to purchase a rental book of business
I believe I found a somewhat unique opportunity to purchase a current investors portfolio of properties. I'm going to try and include as much detail as possible, and please feel free to ask questions or critique as n...
Stirling Mintz
New Canadian Investor in Montreal, Quebec
Hello, My name is Stirling. I have no experience in REI, however I have ammassed considerable savings, enough to make an investment in a plex rental property on the island of Montreal, Quebec.
I do not yet think I am...
Mario Cruz
"cash out refinance"...I need help understanding this
I was watching a video where the investor bought a home with equity built in held the property for a year then did a cash refinance and made money for his next investment. Does this sound right? ultimately I'm trying ...
Derrek H.
Using my LLC to sell a house to my spouse - anyone heard of this?
Hey BP Community,
I saw a video on Youtube by a BRRRR investor who said he was able to get money out of his BRRRR in just TWO MONTHS with his strategy. The LLC he controls bought a property for $140k and put $15k of ...
Rafael Floresta
Bought 175k condo in 2011, neighbor closed today for 285k. Refi or sell?
August of 2011 I bought my condo for 175k. We did 5% down and spend quite a bit of money remodeling it to meet our needs. Back that time we couldn't find anything we liked, and this was cheap enough that we could spen...
Haroon Tauqeer
How much percentage ownership should I have?
Hi! New member here. I had a question and wanted to gauge the community here. My friend, who I have been flipping homes with for the past 5 years, wants to buy a rental property. The situation is that he will provide ...
David Beltz
Establish LLC for Each Property Purchase?
My wife and I personally purchased a duplex in the Chambersburg, Pennsylvania area last year. We house-hacked while doing an almost complete home renovation in 6 months, moved out, found wonderful tenants to move-in r...
John Hauser
1031 question
Hey Everyone (and Bill Exeter!). Have a question about selling a rental property currently owned by me and two partners. Right now me and one of the other partners wants to buy a new rental property, and the othe...