Good Morning BP,I've put an offer on a house that has a concrete slab that is severely cracked. From the naked eye it looks like it should all be demo'd and redone. From the wallet it needs a better less costly soluti...

I recently acquired a 3-unit building.  Two of the units and the residents living within are great.  One is terrible.  The unit is in awful condition, likely because there are too many people living in the 2-bedroom u...

Hi everyone,
I will have 2 LLC's shortly. How can I go about transferring emergency funds between the LLC's as needed? What about depositing personal money into an LLC or drawing money from an LLC to put in a persona...

I was curious if anyone could help me out with answering a this question: How do you quit your W-2 through REI?I have read THE BOOK ON TAX STRATEGIES for the Saavy Real Estate Investor and it made me wonder how a lot ...

Hi BP experts! I heard that there are individuals investors who lend out money for purchasing. Hypothetically, If a traditional lender charged say around 4000 fees/closing cost etc and 5.5% rate along with a mandatory...

So I  just getting started in REI and was initially thinking I would start by rehabbing some home and make some money and then start getting some multi family homes after this. I have been listening to a lot of the po...

Well, I might have gotten myself into it this time AND my attorney is out of town!!
Couldn't resist a great property at auction today and now I have to figure out the right way to pay for it.
Essentially I have half t...

I am working on a spreadsheet for deal analysis and I need some input.In my deal (year 1) I have $10,512.00 in income and $8,316.96 in operating expenses.  Thus, income less operating expense is $1,195.04.  What is th...

I have owned a mixed use commercial building for over 10 years, there are two income producing apartments upstairs and the street level is an unfinished commercial space ready to be built out for a business. I have be...

I am looking to looking to cash-out re-finance my current mortgage. I looked into mortgages and they are anywhere from 70-75% LTV. I was told by a local bank that they can do a Home Equity Loan (HEL) at LTV 80% and th...