Anyone here listen to the Lab Coat Agents podcast? I was listening to one this morning (https://podcasts.apple.com/us/...) and the guy was talking about putting your money into whole life insurance company's general ...
I have a 4BR/2BA in the Denver metro area that generates ~$2700 in rent by renting out by the room. Bought for $380K in November 2018, but didn't live in it long enough to avoid capital gains taxes if I sold it. Base...
Does anyone have experience with opening an LLC to acquire business credit & use it to invest?
I am a commercial loan broker in Charlotte, NC. I had a prospect inquire if he could obtain 70-75% financing for a joint venture that is acquiring Single Family Homes with a purchase prices of $200k - $400k. He perfo...
I'm new to RE and just learned about the 12 nonrecourse states. Couple of questions:- if a borrower defaults in a nonrecourse state, will an LLC protect them from a big hit to their personal credit?- are DSCR loans in...
I'm under contract on a townhouse in North Atlanta, listing has $155/mo on MLS but HOA just notified us HOA fee is $292/mo, which is a big difference. Under Georgia law or RE commission rule, can buyer cancel contract...
Hello I was wondering if there was anyone out there who has used their va loan recently in Northern California? Looking for some guidance anyone care to shed some light?
Hi BP Community - I would greatly appreciate feedback on the following loan terms from a local bank. It's an 8 unit apartment building. I don't see anything that stands out except for the personal guarantee. I would...
Hey I have a few properties I have had my eyes on that are 10 acres and up around Michigan. Each property has a house that needs to be fixed up before its usable as a rental. Issue is the hard money lender I used in t...
I’m looking to buy land using my SDIRA. The seller is going to finance about 50% of it. Is there anything I need to keep in mind in order to make this transaction work? I read that you can’t personally guarantee it on...