I am probably the 1,000,000nth person who has probably asked this question. In terms of seeking financing on larger investment properties above $1 mill, what are the most successful investors doing to secure those loa...
I am registering an LLC in CA for multifamily investment. I wonder whether DBA registration is recommended. My CPA and banker told me this is not needed. I am not sure whether there are some drawbacks when not registe...
Morning All!I'm excited to say that I have taken the first steps to purchase my first rental property with another investor in my area. We are purchasing two rental homes in the area under a LLC. Has anyone personally...
Hi BP! I am just getting into the RE investment market and came across a great deal. I currently own my home with good equity (around 500k equity and single mortgage). I have two LLCs, one operating as an SCorp (an ...
Finally! Spring has arrived. It has been a very long winter, and for investors and real estate pros alike, the season is off to a brisk start. Inventory is up, transactions and mortgage applications are up, mortgage r...
Hey everyone, I have been selling bank foreclosures since 2009. I never asked for this LOL it was thrust upon me. Anyway, I have a recurring character in my life... The cash investor who "saw the property on zillow" b...
Hello everyone! I hope everyone is doing good and staying safe through this tough period. My question is about financing properties; how many units do you finance at the same time? How much are you willing to go in de...
What should a comprehensive presentation plan for your lender include so they know you have all your ducks in a row?My last question before I decide if I want to go BP Pro.
I currently own SFH's and a 4-plex. Looking to expand into MHP.
Considering a MHP built in 1969 with 22 sites, all owner owned homes. NOI: $101,866 (Revenue: $110,000 - $8,134 expenses) Asking Price: $1.1M
Total...
What's up BP community!Curious to know if any of you open an individual account to keep cash flow and reserves for each rental that you own. If you do, which ones do you think are best and are there anything that you ...