Investment Info:
Single-family, 2/2 ~1400 sq ft, mid-century ranch style home outside of Tallahassee, FL. This was our first investement.
Purchase price: $60,000Cash invested: $55,000
What made you interested in ...
Hi,if I want to lend money to my friends who are investors/flippers. do I need license in NJ?What is difference between private lending and Hard lending?is there any terms and conditions like up to this amount no lice...
Hi BP community!
I've been listening to every BP podcast about wholesaling I can find, as well as other podcasts, articles to read, and even YouTube "newbie wholesaling mistakes" to learn as much as I can about the p...
So I'm wondering if I maybe messed up when it comes to accounting and taxes while rehabbing a house to rent. The rehab has taken forever- 3 years. But, it's finally done. However, I'm worried that I didn't think a...
Hello, I am new investor and have a rental. I was advised to open a business checking account for my rental. My question is why do a business account ? Why not an everyday account ? From brief research, i see business...
I think this is the right place...
Getting some of my ducks in a row to dive in.
I know an LLC cannot get a loan on property through a bank. But curious on once I start collecting rent (yes, getting a bit ahead of ...
This is my first purchase. It's awesome and has been a ton of work and investment so far. So here is the question... Should I refi in 4 months (or pull out the rest of the equity with a second) to pay off most or al...
I did a quick analysis of where I found my last 20 deals. (Buy and hold in the Chicago area- ranging from 4-28 units)8 = Straight from the MLS4= Directly from Multi Family Brokerage Houses - not listed. Companies lik...
Hello,My husband an I started in real estate flipping houses this year, we already had a corporation from a previous business so we are currently a corporation. We used our personal savings to buy our first property a...
If my goal is to buy turnkey, rent and hold or maybe, BRRRR, with little to no money down- then how do I determine how much I can afford in a piece of real estate? I cannot afford to risk losing my salaried income, bu...