Kate Stephens
Escaping corporate slavery to real estate. Advice needed!
Hi,
I am pretty new to BP and have been binge listening to pod casts - I can't believe it took me so long to discover this great community! I am looking for advice. I have 7 rental properties, 6 in California and I ju...
Victor B.
Buy rental property via LLC or in own name w/ umbrella insurance
I would like to buy multiple SFH investment rental properties (think 100+). I've read mixed/conflicting advice on here about whether it's more beneficial to buy each one via LLC or would buying under my own name and s...
Minna Reid
Hold more cash or pay down overhead?
Let's say I was coming into a load of cash from my investments soon. I'm torn as to what to do with it. Should I reinvest it all along with what I started out with, or do I pay off some personal debts to reduce my ove...
Nick Zocher
Do Back Payments Matter To Mortgage Balance Bottom Line?
Extremely newbie question, but I'd love clarification.I was speaking to a lead today who's bank statement said they had a remaining mortgage balance of around $500,000. The statement also highlighted that they had $60...
Jason Wiles
Need financing!!
Ok, I'm in a pickle. I have numerous potential deals, I have set up a pretty solid team, I have good credit, but I have not been able to set up any private lenders and I keep finding bad reviews online about a lot of ...
J Czar
Paying off LLC Funds Obtained from Personal Sources
I have a question about funding a single-member LLC and paying it back. I have read several of the posts here, but I have not been able to figure out exactly what to do. I am buying a property, and I going to fund i...
Aman Shahi
Today Interest rates
Today Interest Rates have surged up to almost 3.7 or 3.8. What kind of affect are we projecting on market as investor point of view. How could we evaluate the price of the properties that are available for sale and th...
John Montgomery
closing costs on refi
Hi BP,
I'm refinancing my mortgage and am wondering if the closing costs seem reasonable. We are going from a 4.25% to a 3.37% interest rate and will be saving about $150 per month, so that seems nice. We're going th...
TJ O'Connor
LLC vs. Individual Purchase for First Rental Property Investment?
Hello BP community! I am looking at purchasing my first investment property (SFR/long-term rental) and was wondering if it's better to buy this first property in my name or create an LLC (I'm aware of the liability pr...
David Elliott
Commercial Loan and Personal Guarentee
How is a commercial loan to an LLC (s-corp) with a personal guarantee considered in a primary residence mortgage application?I currently have four rentals and a primary. My DTI is around 60%. I'd like to build in a fe...