Richard Low
How much should I leverage? My personal debt thermometer.
Hey everyone, I haven't been on BP in a while, but recently I got my license, sold a home for a friend, and rented my own residence on a lease-purchase. All good experiences!I'm a big Dave Ramsey fan, so I've been st...
Tim Geraghty
Getting equity
Last summer i purchased my first rental house. It needed a complete renovation. now there is a tenant in the house. I now have 80K in equity in the house that i would like to get my hands on. So here is the question...
Sam Eknoian
Should I form an LLC?
Hello all, I just closed escrow on my second rental property and plan to close on number three by the end of the year. At what point should I form an LLC or Corporation ? What are the benefits?
Eric Guasch
Florida Mortage Servicer License - Net Worth Requirement
Hello All-I am interested in applying for the Florida Mortgage Servicer License. According to statute 494.00721, the company must maintain a net worth requirement of $250k in order to originate and service the debt on...
Manuel Savorelli
Cashout-refi vs HELOC vs Home Equity Loan
Hey board,I'm reposting this thread from the General Area as I thought it would generate more traffic there, hence more responses but that wasn't the case. I currently own 2 properties, primary and rental. Both were...
Emma Powell
House hacking to help commercial investing
Investment Info:
Townhouse buy & hold investment in Bluffdale.
Purchase price: $362,000
Cash invested: $22,500
How does house hacking help buy commercial properties? For us, with several hundred ...
Braden Hobbs
Buying buy/hold property with no DTI room?
I am currently seeking to buy my first investment property but with my own primary home loan I won't have any room under DTI restrictions to get a personal mortgage on a second property.What are some ways to get aroun...
Modeste Tchakoua
LLC with single member VS Individual? Thoughts?
Dear Experts,
Thank you for reading my question. I would like to ask if there are any advantages of using a single member LLC Vs. putting ones personal name in a property. From my reading, the opinion is that you can...
Tori Prophet
HELOC or cash out refi my residence and buying another
I've been researching this and would like some feedback about which direction is smartest. I hope it's ok to ask since it's not about an investment property, but about our residence.We live in Texas and want to upgrad...
John Paul Schreiner
Conventional vs. Commercial Loan
My father-in-law and I own a duplex rental property that we have a commercial loan on with our LLC. We are pretty green with understanding all the in's and out's of rental properties, but we are educating ourselves. W...