Thomas Lorini
BP Newbie - Looking for Advice/Input on a Recent Purchase!
Greetings BP colleagues!Being a new BP member I thought I would seek some INPUT/ADVICE from other members on a recent purchase I did....wish I was a member sooner to ask before I closed.So I just closed on property (6...
Dustin Johns
Investment Rules of Thumb
I think its a good idea to compile a "rule of thumb" list for investment purchases. For example, the .02% rule, or you max purchase % based on ARV. This would be a great resource for me and other investors, new or sea...
Ken Bernstein
Cash-out Refi Process
Hello BP Nation,
My partner and I recently closed on a hard money loan to acquire additional properties, and are now working on the exit strategy. We have been purchasing properties since 8/13 and now own 23...
Waylon L.
Any places I might be missing?
Hello, I just happened upon this forum. Because International travel and real estate investing is a great interest to me, I thought I would introduce myself and hope to start a conversation on options for the favorite...
Todd Krzeminski
Wyoming Bank Required for LLC?
I setup a Wyoming Holding Company (LLC) that will manage my Virginia LLC. As I live out of state (Virginia) -- do I need to use a Wyoming bank for the holding company LLC, or can I use one local to me or national bank...
Matt Jiencke
Should I move to TX?
Hey everyone,Live in the Boston area and looking to getting start building a portfolio and have roughly $800k in equity sitting in our primary residence. We have some cash to get started with but I'm looking to scal...
Michael Heal
Assignment Contracts for Wholesalers in Michigan.
Hi all! Everyone here is such a great help. Does anyone have any assignment contract resources that I might be able to use for a starting point for my own? I have found a few, but I can't get any clarification on exac...
Bryan C.
Non Recourse Loans
Curious about non-recourse loans....can anyone give a non-recourse loan? Can I get a non recourse loan from anyone? Please share your experience and your lender that you used....
Jay Thomas
Property Tax Doubled. Help!!!!
I bought a rental property in Cook County IL mid 2017 and 2016 property taxes was around $2000. It was a foreclosure and there wasnt any homeowners exemption. The property only needed a light rehab (paint, new floorin...
Farooq K.
Negative cash flow for 2nd rental?
I have a very good cash flow first rental and looking for possibly adding a second rental however most homes near me are 400-500k range Gilbert Chandler area and that’s the area I most likely want to invest in. Doing ...