Nathan Felton
Refinance When Property is in an LLC?
I own an investment property in NW Indiana with a partner. After we purchased it, we put it in an LLC. Now that rates are much lower, we'd save $100/mo by refinancing, but banks are telling us that we can't without pu...
Jim Goebel
Building in Flood Zone Questions
Questions below
Approx how much extra does flood insurance run?In terms of building on the land (I'm an engineer) I'm wondering if there are major hurdles I should be aware of OTHER Than the increased costs of buildi...
Matt Quock
Banks / Lenders in Rockford, IL
Hi everyone!I'm looking at a few multi-family properties in Rockford, IL and wanted to know if anyone has recommendations for investor-friendly banks in the area. Much appreciated!Thanks,Matt
Christopher Baldesarra
Canadian down payments for multi-unit apartment buildings
I am looking to purchase a 5+ unit building in the near future either in Hamilton or the surrounding area (wherever I can find decent cash flow). I was wondering if I decide to live in one of the units, will I have to...
Da Deep
Settlement Statement
Folks, I have received a "settlement statement" that lists estimated closing costs that the buyer has to pay. I questioned some of these charges and got the lender (loan officer) to agree that they should be removed. ...
Mukesh Yadav
Looking for feedback on Self-Directed IRA custodians
Hi Everyone,I am looking to open a self-directed IRA account(checkbook facility) and would love to get some candid feedback on who are some of the good custodians out there, that are flexible and have reasonable fees....
Jeff Tumbarello
Here is an interesting twist
Par for the course, the pundits are wrong again. The down turn was going to keep people working. When you are 59 and laid off, your best bet is to retire.
http://www.latimes.com/news/nationworld/nation/la-na-retireme...
Ryan Z.
Using hard money just to leverage offers
I know it's not traditional for the hard money lenders to lend just for purchase/refinance w/o rehab. However, if there are some lenders out there, does it seem like a decent idea to pay the fees just to put some 'ca...
Bob E.
My Experience with UBIT in my SDIRA
People talk about UBIT like a kid talks about a big scary monster under the bed. Here is my experience as something to reference. Ready..., Fire..., Aim...I keept hearing about UBIT at seminars "Be careful, you co...
Ethan Brown
Cost of Separating Water Meters
Hi everyone. I've looked online and at some previous BP posts, but I'm not quite sure how to come up with a good estimate regarding the cost of separating water meters for multifamily properties. Does anyone have any ...