I’m an investor from Canada researching options for flips. My understanding so far is that a C-Corp is preferable to an LLC for a Canadian as the CRA doesn’t recognize LLCs the same as the IRS and you’ll end up being ...
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I have been a real estate investor for 8 years now and I have done dozens of flips and have a handful of rentals. I have always avoided properties with pools, creeks, or any form of water due to liability and maintena...
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Hello!I acquired a property in a downtown area in Maine years ago and was naiive to the issues with the note. Long story short: I have cleared the note, and have worked hard to get the building to 11/12 units rented t...
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Hi All,
I just joined BP and would like to ask a question on my new rehabbing project.
I acquired a 1bed/1bath property in San Jose bay area for about $400k. It has about 800 sft in about 7000 sf lot. I am conside...
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I understand that loans based on DSCR are a little hard to come by right now. But barring this whole crisis...
When seeking a loan that is based on DSCR rather than DTI, is there a benefit to maximizing the DSCR? If ...
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I haven't seen many posts on this - but dive in and let me know if COVID has created opportunity and ease in your REAL ESTATE INVESTMENT LIFE or has it created a DEMISE of the real estate market. Investing and Flippin...
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Hi- I have come across a deal and wanted to get feedback on if I should pursue it. I have had interest in NN and NNN deals given the predictable cash flow and the passive nature of the investment. The deal had some ...
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We are looking at a multifamily home in NE Wisconsin. Price recently dropped from 100k to 95k. My own CMA puts the property at 85-90k, so will probably offer a lower amount to feel out the bottom. However, we have do...
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Hello! Can someone tell me if water damage in a property should automatically disqualify a home when looking to buy a new property? I'm new to REI, so I'm not sure. Several properties I've seen online obviously hav...
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I've been contemplating how to maximize my access to cheap debt. I currently own over a million dollars in single-family rental properties and have a secondary HELOC on one of them which is allowing me to access some ...