I am under contract for a two-family property in New York State. My deposit check has already been cashed and the appraisal was just performed for my FHA loan. I got a note from my lender today letting me know that th...
Hello all - I wanted to post this because I hope it will help other beginner investors who are using conventional loans to buy rental properties.I ran my scenario by a real estate attorney and they agreed, so I want t...
I'm looking to start buying and holding for rent. I've heard that it's wise to hold houses under LLCs for tax and legal protection. How does it work? Do I need to start an LLC for each house? Where can I find out m...
Good Morning BPers, A quick question for all of the more experienced investor/agents out there - has anyone started as a RE Agent while still holding a full-time job? I want to get my RE Agent license, but in my stat...
Please help clear my mind from my skewed point of view of how REI works.My goal is to buy a multiplex apartment building and live in one of the units. So I'm guessing that I'd have to put something like $50,000 down f...
Does anyone know whether there is already an article somewhere on BP about how to become a private lender? I have some cash that I want to put to work, but I do not know how to start out as a private lender, what t...
Hi there, I am a CA bay area resident with about 60k of capital looking to break into the real estate market. I have read a lot on the forums and listened to a lot of podcasts and am leaning towards investing in mult...
My last thread didn't get much traction so I thought I'd try this.With $1 million in cash to invest into real estate, what would you do?For example:1) One Big Multifamily with management2) A few smaller multi families...
I have some friends, family and peers that would like to begin investing with me in apartment buildings. Looking for any advice on the best way to structure the deal. I want to make sure I get paid since I will be the...
I just started managing one of my rental units after a several year hiatus (it was managed via a property manager during the interim).
I'm screening applicants for a vacancy, and I noticed something odd. I pulled wh...