After finding an HML that will lend where your prospect house is (most will only lend in major metro areas or have steeper rates if they do lend outside metro areas), I would ask these questions:
Are you a direct len...
Hi Los Angeles investors!
I'm looking at a multifamily property right now, but the deal hinges on my ability to add another unit to the property. Does anybody here have experience adding an ADU or another permitted ...
Hello all,We are a buy and hold investor that operates in and around Chicago. We don't typically sell our properties but we are in a scenario where we have a partner that has a life situation requiring the partner to...
Investment Info:
Single-family residence private money loan investment.
Purchase price: $70,000
Cash invested: $20,000
This was my first investment property which I acquired via several strategies....
Hi everyone, my name is Jeff Smith. I am basically looking for all the answers about Hard Money/Private Investors/Mentors. I just want to dive in on the subject and get all the ends and outs. However, I am brand new t...
Hello Fellow Sufferers,I am reaching out to the BP community for feedback on how you handle water billing in Toledo. We are trying out use of Landlord-Tenant Authority Forms and waiting for results. Backstory: We hav...
I have a couple concerns about single vs multiple LLCs: Is it normally better to put each rental in a separate LLC? This would cause extra bank accounts, filing costs and accounting fees each year; is it worth doing t...
I'm looking to do my first flip. I have 3 houses I'm going to look at this weekend to put together itemized repair estimates together for, I also have a my realtor ready to sell and getting actual comps together. And ...
I’m considering purchasing a fsbo property for my primary residence. The current structure is a tear down. The owner is an older man who purchased the property 50 years ago. It is now worth $1.4M. He’s had multiple ca...
I have read David Greene's book on the BRRRR strategy, listened to numerous podcasts about it, but I seem to still lack the confidence to actually do it. Any thoughts on how to overcome this hump?