I’ve been researching Fannie Mae smaller apartment loans. I haven’t been able to figure this out: if the debt is non-recourse, why then does the total net worth of the borrowers have to exceed the loan amount? Is ther...
I am fully retired and have a small pension. I own 7 doors all of which are about 30-40 miles from my house. I am managing the properties myself and spend a good amount of time overseeing them (maintenance, cleaning, ...
Hi - I'm interested in converting a portion of my 457(b) - about $80k - into a self-directed IRA, obviously for purposes of RE investing.After that, it seems logical to form a LLC around those funds.A couple questions...
I cannot seem to find a clear answer for this question, and have got nowhere with my local board.I am a broker and currently the registered broker for my single member LLC. I have an opportunity to work as an independ...
Hello all! I own a small multi-family. I currently pay a property manager that uses Buildium. The property manager barely corresponds with my tenants, so I want to explore the feasibility of using a virtual assistant ...
Hello,
I am in the process of obtaining my real estate license for access to MLS, credibility, and other long term reasons. I have been investing in real estate already for 3 years.
Often, my investor marketing (...
I’m looking at expanding my investment property portfolio and am considering some options. By using real estate crowdfunding can I increase the borrowing capacity for a new project? For instance, let’s say based on m...
Hope everyone is having a great holiday!Do contributions to my Roth 401k affect my DTI ratio (with regard to a conventional mortgage)?I have a w-2 job. For example, let's say I were to contribute 100% of my salary to ...
I’m in the process of purchasing a property via a wholesaler and we’ve scheduled the closing at a title company I’m familiar with. I was just made aware that the woman selling the house has “dementia” (I don’t know ho...
Good afternoon BP fam. Quick question, when you have a holding company do you make it a partner with your other LLC's that it parents or is that optional?