Jason R.
Mixing loans & lines of credit to maximize leverage
I have a client with the following:$100k/year incomeExcellent credit$40k liquid cashMinimal debt, great DTICombined equity in properties is ~$100kHe's looking to utilize the BRRRR strategy (Buy, Renovate, Rent, Refina...
Isaac J Mork
Investing in multifamily or commercial property is the offer based on current rents?
When investing in commercial property? Would you pay based on what its producing today or what you think the current rents should be?Like current NOI / 7% cap rate = offer?Or are you taking on the risk of raising rent...
Account Closed
Any suggestions on books all about creative financing?
Hi everyone,
I know one of the best ways to grow a RE business more quickly and larger is to use OPM (other people's money) to finance your deals. I know there is a ton of great information here on BP on this subjec...
Laura Williams
Kansas City Investors beware of KC Water
Wanted to post on here in case this helps save another Kansas City investor from a similar nightmare with KC Water. Less than a year ago my partner bought a house that had an inherited long term section 8 disabled ten...
Brendan Reilly
LLC questions and taxes
I started an LLC at the beginning of this year and purchased my first investment property shortly after. The issue I have is that the LLC was meant for another business I planned on starting before this BRRRR fell int...
Alexis A Peinado
Introducing myself as new management to my first ever tenants
I am currently in escrow on my first investment property with existing tenants. I want to introduce myself professionally and provide all necessary information needed to move forward smoothly so I don't want to miss a...
Bryon Haacke
AXA Annuity IRA - Current Value higher than 'death benefit'
If this is in the wrong section, apologies.My mother passed in Septemeber. She had a trust, which this account was transferred to prior to her passing. This is an IRA that is part of an AXA Annuity. This was originall...
Sheltocks M.
How can I perform a background check on a senior
Help please:How can I do a background check on a senior who want to rent my 1 bedroom apartment in Mercer County NJ? He's 90 and doesn't have an email address so I can't process the usual background check via Transiti...
V.G Jason
South Carolina Properties
Investment Info:
Bought two properties in Beaufort, SC, and one in Charleston, SC. Goal is to get 10-14 properties in the Carolinas. Some highly speculative, some I believe where population will transition. Some that...
Justin Tahilramani
Purchasing a REO using 0% Balance Transfer
Hello,
Just looking for a little advice. I have an REO that I am considering making an offer on. I feel confident about the numbers, but I wanted some advice on using a 0% APR CC Balance Transfer to float t...