Joshua Bautista
LLC by yourself or with a partner?
Do you guys prefer owning an LLC on your own or with a partner and why? I’m struggling to decide if I should partner with my significant other or if we should have separate LLCs. Thanks in advance!
Kyle Hiester
LLC and FHA Loan
Hey All! I have an investment property under a LLC with a few other individuals and was wondering if that will disqualify me from using an FHA loan (if needed) down the road once I look at buying my personal home. I d...
DJ Roshan
Down side to accepting a full year in Prepaid Rent from tennant?
Does anyone have a bad experience or see any reason not to accept a full year(the lease term) rent payment in advance? This single family home rental will be in AZ. Seems like a great opportunity to me! Also anyone f...
Alejandro Moreno
trying to build credit
Hey BP fam, i currently have a self loan through my own personal bank to help establish some credit now should i wait till its paid off to get a secured credit or should i get one already and also should i get another...
Max Moncur
Real Estate School Recommendations
Hello BP Fam - I've been preparing to buy my first home with my wife but have always had a keen interest for real estate and REI. I've been wanting to get my real estate license but was hoping to get guidance on schoo...
Shawn Munoz
How to spot a scam?
How do I know if a private lender is a scam artist? I'm worried about sending an application fee if I can't find their website or they don't post much.
Steven Scheer
Purchasing a SFR using credit cards
Hi everybody! I have been wondering if any of you have ever used a credit card to purchase a SFR free and clear. If so, how would you generally go about quickly paying off the balance of the credit card? HELOC, a Home...
Vincent Casiano
Vacation home mortgage
Good afternoon folks,
I’m working on acquiring a STR in IN. I’m going to use a vacation home mortgage to fund it. Is there a minimum amount of time from close until I can start using it as an Airbnb?
Thanks in adv...
Drew Slew
Buy 2nd home with credit card
I just bought my first house 2 months ago. 750sq ft 1bedroom (layout makes it 2bedroom) in Union City, NJ, 145k, put 30k down, 30yr mortgage for 3.5% rented room for $800/m, total cost PITI+maintenance is $1100. Its m...
Cal Rohrman
Help with Structuring HML
Hey guys,Someone reached out to me today in regards to receiving a HML of $200,000 for 5 years at 15% annual interests. I personally don't have the money to lend him but I have the resources to syndicate and raise tha...