Hello everyone! So I have a question (really more of an accounting question) but since many of you are shockingly savvy and have been involved in many deals i'm hoping to glean some wisdom from people who have maybe b...
Hello BP,
I have recently started my first house hack in a triplex in central Kentucky. Cold called roughly 85 landlords in my surrounding area to find my own off market deal where I could live for free to start off...
Currently live in a townhome style condo in South Riding, VA, but due to relocate within the year (active duty USAF, enlisted). I'm on year 4 of a 30 yr mortgage @ 3.75%. An evaluation of a rental price hasn't been ...
Hi, I'm looking for some help to avoid legal and taxes issues. California based.I want to create a separate business that would be in charge of raising money to lend to my current LLC for flips. I want to keep it pret...
Hi BP,I own 2 rentals (one outright, the second is mortgaged) and am looking to buy two more this year. I found 2 great deals but I’m going to use private money from a friend. Do I need a lawyer to write up the terms?...
Hey all! I've got a chance to lend to someone for a rehab project. They would like to use a different property (a well performing STR) as the collateral due to the renovation project being a rental property that is o...
Hello everyone, I have a question. I am about to receive $100k from a family member for the sole purpose of real estate investing. With the money I plan on putting down money on a multi unit. my question is how do I a...
I am purchasing properties with hard money, then refinancing. I have used hard money companies, but now my family and friends are interested. I have no problem with this, as long as it is in a contract. I need ideas...
So this isn't really a REI related question, but more of a general investment question. I'm open to anyone's thoughts, ideas, or advice.
I am in the process of doing a loan for approximately $65k. It will be paid b...