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We just closed on a C class duplex in Highland Park area of Richmond , Virginia. We are house hacking it (mostly to satisfy FHA requirements). We gt a pretty good deal on it. One problem is, rather than replacing the ...
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I am brand new to investing and was thinking about getting a LLC. What are the pros and cons? Should I even consider one if I don't have any properties yet?
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Durham.
Purchase price: $85,000
Cash invested: $97,353
Duplex on Lee Street in Durham... Front (A) Unit had extensive fire...
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Anyone own a credit repair agency? I'm asking b/c so many people I know need this service. I'm actually thinking about starting an agency to help people.
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I'm in the process of rolling over my existing 401k from an old employer into a new solo 401k through sense financial. The solo 401k trust is paid for and created but I need to complete the rollover. I have the option...
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Hey for the first time I am renting a home out to a family with 4 kids. Their ages range from 8 months-16 years old. What are some things I should be extra careful about? I am mostly concerned with safety issues. Are ...
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I have started to look for my first Lonnie Deal and had a question about setting up the business. In Lonnies book, Deals on Wheels, it seems that Lonnie does all of his deals as an individual. Is this the best way to ...
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BP Community,I am in the process of renting out a property that is 4 states over. As you can imagine, scheduling people to see the property, answering the same questions over and over via email and trying to create a...
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Hello all,
I'm thinking of rehabbing a house. If the rehab costs, let's say, $80k, and I want to take out a loan. Is it better to do a hard money loan or a HELOC?
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What if our primary lender is only willing to loan 80% LTV for a duplex I'll be living in one side of, can I then come up with a bit more cash through a private lender such as Prosper or Lending Club or personal frien...