Melissa Hu
Get an LLC to buy first property?
Hi there! I was wondering whether rookies (like myself) decide to buy their first property with an LLC. From my research, it looks like getting financing is more difficult under an LLC vs a personal loan. My worry is ...
Chris Redfield
Feel like a newbie - Questions on financing multiple properties
I discovered BiggerPockets through the Spotify podcast and have become hooked, listening to 2-3 episodes each day and catching up on old shows.I currently have 3 rentral properties for a total of 4 units, in addition ...
Chad Lundquist
Some tenants leaving & the remaining wants to bring new tenant in
BP Family,I have a property that we rented out last July to four (4) friends, but just recently three (3) of them moved out and the remaining one has found two (2) other friends (engaged couple) to move in, but wants ...
Rickey Smith jr.
Using a Hard money lender
Hello I have a question for everyone out there that has used a hard money lender. If I where to use a hard money lender to cover the %20-30 down payment rule on a condominium would that be a good move? After that I’d ...
Erica Williams
Owners Reclaiming Homes After Tax Sale
Hello,I am in Houston, Texas. I visted the tax accessors website about sale tax homes.Further, I discovered that the homeowner has the right to claim their home after the investor has purchased the home at the tax sal...
James Wise
Cleveland 2ndOhio Point of Sale Ordinance found unconstitutional
The point of sale requirements as we know them are likely going away. This fight has been going on for a few years now. After a city in Southern Ohio lost a major court case many cities in Ohio & the Cleveland mar...
Jack Middleton
Advice on how to break through 4 properties
Hi all,I know that there is probably some posts on this somewhere (I think I read one or two a while back), but I have this nagging question on how to obtain more than four properties. My wife have a newly formed LLC...
Rich Bertran
Loan Restructure to Purchase
FIRST-TIME INVESTORREI Pros,I am looking to refinance my home and pull money out to pay off a property I own in Oklahoma to pull a loan against it and purchase a self-storage complex. Ultimately I want to hold the ren...
Patrick Q.
Transitioning From My First House Hack To My Second House Hack
Hello All,
I am considering purchasing a home (home A) with a FHA loan to avail of all the benefits that a FHA loan has to offer and then move on to another property (home B) and do the same again with the FHA loan.
...
James G.
How does this deal look?
I am considering my first 4 unit and would appreciate the help of the BP community with analyzing the deal.
Some background: I am interested in buying this property to hold and start generating a rental po...