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Hey BP. My wife and I have decided to house hack here in West LA for our first real estate investment. I know we aren't going to cash flow etc... Yes, LA is overblown, we should invest OOS etc etc...I know all this......
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I have a home under our names. I want to cash out refinance and close it under our LLC as DSCR mortgage. Its being operated at STR from last 30 months with great cash flow. Please reach out if you are a lender or can ...
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I'm a newbie and still doing research. I'm interested in wholeselling pre-foreclosure however from what I've been reading it's pretty difficult to accomplish. I have a good process for finding pre-Foreclosures but I'm...
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Hello BP,I am looking to get pre-approved for a 5+ unit property and wanted some tips/recommendations on what to look for in a commercial lender. If I'm looking in multiple markets, should I look for smaller lenders i...
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Hey All,I'm looking at a deal on a 6-unit building. When I contacted the agent about putting an offer on it, he said "...sure, just provide me proof of funds or a Pre-Qualification from a Commercial lender"I had plann...
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Hi bigger pockets, I have 10 plus years of experience as a licensed plumber and have close relations to various trades which helps me greatly as I invest! I am a buy and hold inventor. My market is in the greater Bost...
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Looking to purchase my first property for STR and looking at an existing STR business.The seller is asking for 100k on top of the asking price for basically the right to continue using the property as a STR as well as...
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I just closed on a flip today and spoke to the attorney about setting up an LLC. Ive done several flips now and have rentals so i think its time. They suggested i do two LLC'S so that i have one for my rentals, and on...
My wife and I are going to give the manage a rental thing a try. We're trying to do it for zero cash out of pocket - just leveraging our credit and equity in the primary residence.BackgroundWe bought a house in the Po...
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Hi folks,This is probably a simple question, but I'm having a bit of trouble finding the exact layout of a 50/50 partnership logistically, e.g., title, loan, funding etc.I am looking for my second value-add deal and f...