Hello my wife and I are looking to buy our next rental property under a LLC in California and had a few questions.Would making the LLC a 2 member ownership impact how the LLC could eventually get business loans compar...
Hi everyone,I'm new to "Private Money Lending" and I have some ideas of information to collect from the borrower for it but I'd like to know what information you as experienced Private Money Lender collect. I apprecia...
hey BP, I just wanted to run some numbers by you to see if I'm making any mistakes. I raised the expenses just to cover myself for the unpredictable.purchase price is 1,525,000.00 with 32 units, 12 of them rent out fo...
I plan to work with my partner to use BRRRR method for investment. My partner will only provide a larger portion of the fund with no other work and I will provide a smaller portion of the fund and do all the manageme...
I’m need help deciding. I can buy a duplex cash, have $1000-ish in cash flow, but not have much appreciation after any ARV. Or I can buy a house with a loan, do some remodling thus increase the ARV in a gentrifying a...
Investment Info:
Single-family residence fix & flip investment in Albany.
Purchase price: $96,000
Cash invested: $50,000
Sale price: $170,545
This one got a little harry trying to sell at the...
So almost midway into the closing for my first investment property in Rochester, NY and I’m switching lenders. My original lender emailed documents today saying estimate of cash to close almost 13K 🥺. A local lender i...
I'm co-owner of some condos with my mother where I had to pay condo fees and the majority of the payments were made via check in which I sent out a letter through the post office to the management firm in charge of th...
I like to seller finance California rental property on "Contract for Deed" installment sale to spread out capital gains tax over multiple years.
Seller gets down payment. Buyer gets equitable title to use and possess...
Hi BP,I am new to the business, I appreciate any advice in Advance. I have a rental property has about 60k equity. I bought this single family property in 2016 for 135k. I am assuming I probably have even more equity...