Hello all!!
I am a new investor in Orlando, FL
I have been looking around at lenders to see what i might be able to get preapproved for and after speaking to an agent i was referred to a lender whom after speaking t...

If I use a HELOC to buy a property outright and also cover the rehab costs, can I then refinance and pay the HELOC back without incurring the higher fees associated with a cash-out refi? 

Good evening BP,As most of you may be aware, the year is quickly coming to an end. Under two months remaining by my last count!So here is what I am trying to figure out.  Should I worry about establishing an LLC now, ...

Hello fellow BP'ers! Hoping you can lend insight and feedback on the following scenario: Seller lists home = 5/26. Seller drops price 3.6% = 6/15 (21 DOM).  Buyer makes full price offer at reduced listing price = 7/6....

Hey BP,My wife and I recently bought our first investment property as a owner occupied duplex. We moved into one side and the tenants on the other sides lease is up Dec 31 2021. The current rent is about $400/mo lower...

I am looking to buy a home and may need some additional cash to complete the down payment. I have a simple IRA that I'm considering withdrawing from to complete the down payment and was hoping to fall under the "first...

This is a general question for those with more accounting experience.I am trying to build a "rental resume" before sitting down with local banks and I am wanting to include a profit and loss summary for each of my ren...

This will make rents even higher.

Changes to Tenant Utility Accounts

Hello,I am in a group of physicians buying a building that our practice will be renting out.  The practice is the guarantor on the loan with no personal guarantees.  The building is being purchased in an LLC.   When p...

I hit a snag recently. I consulted a local attorney in California for an LLC in Michigan. He declined to file after wasting a week's time. I've been told by conventional lenders that I need two years of steady work ex...