Nicholas Abramo
Bought a house in Ohio for Cash under an LLC
I closed on my second rental property last month and it was an all cash purchase. It is a SFH, its worth around 50K, and its in Cleveland, Ohio. I purchased it under an LLC and I want to do a cash out refinance to pur...
Tyson Hosey
Can Inspector/inspection company be held liable?
I have rental properties, but my wife and I just bought a primary residence and of course had an inspection done. The inspector's report was SO far off and incorrect it almost seemed like he was at the wrong house, as...
Kathleen Park
Tenants Want to Move in with Their Own Appliances
Hello, I have new tenants who are moving in in a week. They like to move in with their own appliances including a range, washer, dryer, etc even though the unit has them. Has any had that experience? Do you usually al...
Lowell Ash
Securing private lender's position
Does anyone have EXPERIENCE with borrowing from multiple private lenders and securing their interest in the properties that you purchase? I'm looking for a way to give them security in a property that I purchase with...
Kyle McGee
Large Multi-family Investors
Hello BP'ers-Currently working a 90 unit multi family project and just got the LOI signed for a little under $4m right at a 7% cap in an expanding market. Can anyone out there share some prior experience on where they...
Nathan Grubb
Central AC for a BRRRR unit
I have a two-flat that I am putting through the BRRRR process. Although both units have forced air heating, only one of them has central AC. I've gotten a few quotes, and adding central AC to the second unit would be ...
Chris Momongan
Nervous to refinance
I've started my first BRRRR but nervous to refinance with the current rates. Is it wise to refinance and get the next deal with the current intererst rates and market environment? I'm cash flowing nice right now wit...
Ryan J Bondy
Direct Commercial Funding Inc.
Hello, I'm in the process of securing property in the U.S. as a Canadian investor. A private lender named Direct Commercial Funding Inc. has presented us with favorable loan terms, however, they include a substantial...
Zain B.
Property with a possible oil tank... Should I buy??? Need advice
I had a magnetometry survey (fancy name for an oil tank sweep) conducted at a property I am looking to purchase in Northern New Jersey. The scan detected an anomaly between the grass and driveway. While a metallic foo...
Dina Schmid
What Interest Rates Are You Seeing?
Curious if anyone has had any recent quotes on 30 year loans for an investment property.I'm looking at something this weekend in Kentucky. Excellent credit and a 30% downpayment. My credit union quoted me 6.375% but t...