Frank James Batignani
LLC Formation for Real estate Investing
Good Morning all,
I am just starting out in Real estate investing, and am wondering whether or not to set up an LLC. Curious what your thoughts/experiences are in this matter. I lean towards the formation of a b...
Marc Belisle
The much-debated student debt issue
Hi all, I've been reading a lot of posts going back a couple of years on student debt and REI. There are many opinions and I find that each situation is different based on age, job and where someone is in their life. ...
Thomas Bullock
Best Loans to use to scale
My friend and I are both veterans. We invested in a 3 family property about a year ago now. 100% of my friends VA loan was used, however, I am still on the loan because it was the only way we could get approved for th...
Christopher Aguilera
I'm looking to refinance my VA loan with a conventional loan.
Hi BP Forum, I'm a novice when it comes to REI and wondering if you guys can help me with my situation. I'm looking to refinance my VA loan with a conventional loan. Currently, my home has about 170K in equity and I w...
Arthur Royale
Recommended course of action to collect on hard money loan
Hello, I entered into a contractual relationship with an Atlanta-based company I met on these forums to loan them money to do two Atlanta flips. The deadlines came and went and they didn't pay me back my capital or pr...
Patricia Baker
Looking for advice on Co-Share property
Hi All, newbie here. I purchased a property in a Del Webb 55_ community, with my parents in Indio CA, 3 years ago. My parents have been living there until recently when I had to move them back to the Bay Area due to h...
Rich Thomas
Any interest only or 40 year loans left?
Background: Wife inherited a 4-plex from her mom. Approximate value: $500K with an $135K interest only loan. The 4-plex is a cash cow and she has no intent to pay it off. 1) Should she keep the existing loan even...
Michael DeCicco
Need professional advice: DTI/Financial Liability Question
Hi all - few details about my situation:
- Bought a house with my buddies in Arizona to get in the STR game
- I am the only borrower on the $180k loan
- My 3 business partners and I are on Title, Deed, and in an LL...
Dagart Allison
Should I refinance for a lower monthly payment?
Here is my current situation:30-yr fixed at 4.25%, current loan amount $166200, monthly payment $1115 (PMI included), condo purchased 9/15Refinance terms:30-yr fixed at 4.25%, loan amount $172793, monthly payment $100...
Jorge Delgado
Dscr loans and llcs
Is a Dscr loan the best option if my dti is fully maxed out and have a good amount of capital that I want to invest in? For llc, when investing in different states, do can I just put it under one llc or do I have to h...