Louis Hiza
Finding Deals in Mainly Suburban Areas
Hi all, I am a new investor putting together my first REI deal! I am looking to purchase a small multifamily rental building in an area of Connecticut that has 85% of residential buildings being owned mostly by single...
Russ McKelvey
Advice For Financing Strategy: 5 year Plan
Hello BP! Thank you for the template pinned to the top of this forum. Financing scenario/question template
Your goals and story: I am looking to start accelerating my RE investing in my last 3 years in the military...
Kent Estep
Intro, LLC banking question and financing question
Quick intro, current SFR investor who just jumped into apartments---a 16 unit and a 12 unit. I have a great management team so I'm not as nervous as you would think. Anyway, a quick banking question. I have my busines...
Felipe Munoz
Part-time Investing
I hear a lot of people out there saying "investing isn't a hobby". I hate to say "I don't have the time to invest" because I know there are people far busier than me who invest, and I know everyone gets 24 hours i...
Aaron Stevens
Rochester NY: How to collect when the Marshall won't?
This past winter I had a tenant whose lease I wasn't going to renew because the unit needed some serious rehab. Anyway tenant wouldn't leave, had to go through the entire eviction process, in the end the judge ruled t...
John Miller
Subcontractor threatening to file a lien
A subcontractor for a bathroom remodel started the job. Come to find out half way through I needed to fire him for a very poor job done. I had to hire another subcontractor to come in and fix the previous subcontracto...
John N.
Numbers - not my strongest point
Some of you might have seen my other posting regarding a LLC with a relative of mine.
She will purchase a house in cash for $35,000 and lease it back to me at $235 per month. The current tenant is paying $800 per mo...
Account Closed
Owner carry -- how to avoid boot -- and not blow up the exchange
Can anyone with experience doing an owner carry with a 1031 exchange verify the following?Do I need to use all my equity, plus the cash I bring to close, and put all of it into the replacement property?As a simple exa...
Jessica Bobo
Oxon Hill MD Buy and Hold
Hi All- I currently have a couple of properties in DC that have experienced excellent appreciation and cash flow. However, the market is too hot and pricing me out. I’m seeing some pretty good cash flow in PG county, ...
Asher Anthes
Credit score issue for financing
Okay, so I'm trying to do a cash out refi. I've talked to several lenders, and apparently a middle score of 700 is a big cut off point. One mortgage broker told me the difference between having a 701 score and a 699...