I am in the process of saving for my first investment property (3 family in Boston area). I spoke with a lender at my local bank, and was told I need to save 6 months worth of mortgage payments (in addition to my ...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $80,000
Cash invested: $72,900
We have less than 2 weeks left in our fix and hold project in Pittsburgh, PA. The s...
I'm in the process of putting together a seller financing deal. The current owner would like to receive cash as fast as possible as soon as the deal is done. I'm trying to put together a win-win-win situation where th...
I go and stay at my STR a few times a year to check in on the property and make updates or repairs where it is needed. I know that I can write my travel, supplies, and food expenses off of my taxes while on that trip....
Hello BP Friends,
After reading and listening to many BP Podcasts episodes I've decided that I am finally taking the first step into my real estate investing journey. I am looking to invest in my "backyard" in the At...
Hi everyone! I'm an out-of-country investor looking at getting into rental properties, and I'm very excited to get started. I'm looking at Little Rock, Memphis, and Houston. I've been reading through the posts on this...
Finally found a company ( Nautilus Insurance) that will write me a stand alone umbrella for 1 mil with having about 20 properties. Still debating because the price of 732.00 was a little higher than expected.And still...
Background:There is a very reputable builder in Baton Rouge that is building a new neighborhood. About 3 months ago I sign a contract to build the home of my dreams. Simple 3/2 called an “Oxford” model. We agree to pu...
Hi all. I'm new to real estate investing and from the Philadelphia area. I recently set up my business using legalzoom. The main function of the LLC will be to flip properties. While I do have a minority partner, I wa...
I am looking to inject (contribute) some money into one of my LLC to finance some new acquisition this year.I am refinancing my home (that is under my own name) and will use the cash out as contribution into the LLC.I...