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I have some questions regarding the purchase of a personal residence, potentially via an LLC (state of CA). The following describes the scenario and goals (which are somewhat unique). The names and amounts are fiction...
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Just wanted to know what the current zeitgeist was on opportunity zone investments on the commercial side. I am looking to purchase opportunity zone investments less than 6 mil in the southeast United States, is this ...
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Speaking with my neighbor last night, he shared he and his wife are looking to start investing in single family rentals with roughly $300K in capital saved, and they are split on regions to invest. In this scenario, t...
Hey everyone, let me throw this out to see if anyone has any suggestions: I am a flipper and things are going okay, only the spreads are thinner than desired because all my deals come through the MLS. I've heard t...
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In one podcast I listen to on investing they discuss the concept of "equity harvesting" on their properties. The idea is simple, as your tenants pay down the mortgage and the property (hopefully) increases in value th...
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Good day, BP,I’m trying to understand why hard money lenders keep turning me down on my rehab project. The deal:Paid 60k cash for house needing total rehabAnticipating needing a loan of 150-175k with an ARV of about 3...
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I have made a connection with a commercial lender at local community bank. After speaking with the commercial lender, they're willing to offer the following loan vehicles with as little as 15% down payment. I have ...
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12 unit apartment complex that will gross $9,000 month in rent, after expenses nets about $7,000 per month. Fully renovated, Low property tax area, low insurance area. No mortgage on it. High rental demand due to l...
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I have a rehab and flip property under contract. Nice house in a good neighborhood. The issue/potential opportunity: the house clearly has a foundation issue. I am not afraid of foundation issues and have rehabbed hou...
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I'm looking to make my first property purchase. I've been reading that most mortgage lenders require a 2-year history of employment. Does that mean in the last 24 months from now? Or the last two complete W-2 years? I...