Hello BP Members, I'd like to hear your opinion.Currently my wife and I are looking to refinance underlying mortgage on our primary residence from a 30 yr fixed @ 4.5%, to a 5/1 ARM @ 3.375% based on received rate quo...
I have some interested buyers that got the house under contract, with a deadline to cancel for inspection period today. Their realtor got back to me today and said they want to extend the period for 2 days to allow fo...
My tenant has someone who is over all the time. I believe it is her boyfriend. She is the only one on the lease and no one was ever over there for the first few months. He has been there almost every day for the past ...
When looking for a hard money lender is it common to use someone out of state or is it better to work with someone that is close to you. Does it matter the location of the lender is my question I suppose?
My wife and I rehabbed a property 6 months ago and rented it out way above what the mortgage is. Current Mortgage is $460 and the unit rents for $1500. We want to take a heloc out on it to pay back her parents who hel...
Aloha,
I've been wanting to dive into REI for some time now and I've just sold my first property a few months ago for some capital to purchase a SFH on Oahu. I bought a small SFH 2bdrm 1bath at a little over 700sqft ...
Hello BP! I live in the Central Texas area. I am gaining knowledge (reading BP books, podcasts, videos) and I am beginning to feel more comfortable with terms and strategies. I already have a goal to start my investin...
Hi, I want to start investing in commercial real estate, I was thinking to use an Umbrella Structure, so, open an LLC in Delaware filing a partnership tax return ( I will have the 99% of interest as main owner and a c...
I want to get started in real estate investing using the BRRRR strategy. I don’t have a lot of capital (around $15k) so I am thinking about putting together a group of 4-6 like minded individuals to contribute both c...
So it’s not a new thing anyone have any experience with this in rentals? I’m thinking of charging a higher rent while collecting on additional tax benefits while using the initial cost as a business write off.