Hi, I have a big dilemma. Because of double taxation Canada-USA (63-73% in my case) and all international form requirements, since I got married last year, and became a US Citizen for tax purposes ONLY (!!!!!!!!!!!),...
I'm looking for the holy grail of financing, and I'm wondering if this would work.
If I were to purchase/ construct 4 homes on a single/ continuous lot, would I be able to finance them with a single conventional or V...
I have the opportunity to buy a SFH next to a property the trust I manage, for my family owns.Purchase price is 325KThe trust I manage has 200K cash available and is approved for a 175K interest only loan at 4.75%.Own...
I'm questioning a purchase on a 3 unit building in southern Maine , east...only coiuple miles from ocean. Nice area, great school system... the building in on a main road , nice exposure...based on a 25K reduction in ...
Hi, I would like to get some insights on building an detached ADU 500sqft (maybe a one bedroom or small 2bed/1ba). our backyard is facing the freeway. Im planning to do this adu project, mainly for the rental purpos...
I have a class-c quadplex that had hard wired doorbells many years ago. I want to install a wireless doorbell for each unit. The only ones I see are the ones that plug into outlets which seems like it is easy to mess ...
Hello BP fam and Happy New Years! I have a quick question in regards to LLC's and was hoping to gain some insight. For those of you that own rentals in multiple states, do you set up an LLC for the properties owned in...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $172,500
Cash invested: $4,987
Contributors:
Matthew Tanis
2 Unit in Grand Rapids. We purch...
Hello BP community,I recently created an LLC to manage my rental property and separate business and personal expenses. I have questions about how to use my business checking account to pay for expenses for the rental...
I have a guy wanting some cash. He proposed the following:1.We get blanket loan of $150,000 - $200,000, net out 2 pts up front, 12% interest from day received at title2.Money is in title company and interest starts da...